Case Study
Insurance Discover

FinThrive Finds $70.6M in Additional Revenue Others Missed

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Business Issue

Lack of a comprehensive insurance discovery solution led to inefficiencies and costly bad debt accumulation.

Before FinThrive

Existing coverage discovery vendor in place was not producing complete and accurate results leaving money on the table

Elevated eligibility denials and COB issues led to additional burden on staff

Missed coverage was leading to unnecessary charity and bad debt write-offs

Solution Highlights

Consistent quarterly revenue found using FinThrive as a secondary “safety-net” solution

82% of commercial coverage findings leveraged solutions’ extensive data-mining technology

Delivered coverage information at 60 days post discharge which allowed existing vendor to finalize before providing insights

Customer Overview

A 4,400-bed hospital with a $5.4B NPR serving urban and suburban communities with a community-hospital approach to care

FinThrive Value

$70.6M

FinThrive identified $70.6M in additional billable coverage throughout the partnership

$11M

Average annual recoveries of $11M found consistently as a secondary “safety-net” solution

47%

47% of coverage delivered on non-self-pay accounts was previously unknown primary or secondary insurance

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Revenue management without limits

FinThrive provides smarter, smoother revenue management to 3,250+ healthcare providers in North America, including 37 of the 40 largest hospitals and health systems in the U.S.