Key Impacts

+55% Increase in Revenue

60% Reduction in Denial Rate

95%+ First-Pass Claim Accuracy

100% Provider Credentialing Coverage

0% Missed Billing Events

Overview:

A multi-specialty hospital’s anesthesia department was losing money despite high surgical volume due to poor credentialing (only 1% of providers properly credentialed), lack of insurance portal access, and 15% missed billing events. Neolytix implemented automated systems, achieved 100% provider credentialing, and deployed AI-powered analytics to transform their revenue cycle. Within 6 months, the department went from baseline collections of $95,000 monthly to $147,000+, achieving a 55% revenue increase and eliminating missed billing entirely.