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.
