TEMPLE, Texas, Sept. 5, 2019 /PRNewswire-PRWeb/ -- AppRev, an OSG company, announced today the launch of their powerful new solution to manage the challenging world of providers' lesser of provisions.
AppRev's detailed Lesser Of Analytics helps providers understand their lesser of position and mitigate their losses, by developing key pricing strategies. AppRev's unique ability to calculate and solve for net revenue changes based on these strategies allows for the most comprehensive and accurate solution to the challenging provisions landscape.
"Our Lesser Of Analytics Tool allows our customers to realize additional revenue through the correction of both coding and charging errors," said Seth Avery, President and CEO of AppRev. "We're then able to develop a powerful strategy to freeze, decrease or raise selected prices to reduce lesser of losses."
Using the managed care contracts provided by their customer, AppRev creates an analysis to identify outpatient and inpatient claims or services that have been paid based on a lesser of provision, with the added ability to calculate net revenue impact of each quantity of service at the plan code and patient type level.
About AppRev
AppRev, an OSG company based in Temple, Texas, delivers results through Artificial Intelligence (AI) services and technology that allow hospitals and physicians to optimize revenue cycle performance. Using our cloud-based, Service Supported Software™ Pricing Analytics, Charge Accuracy and Denials Intelligence solutions, providers can identify, quantify, resolve and measure key revenue cycle issues. All AppRev solutions employ ongoing measurement of revenue cycle improvement and can be tailored to meet customer requirements. AppRev works with more than 150 hospitals throughout the United States and Bermuda.
About OSG
For more than 25 years, OSG has been a leading outsourced provider of omnichannel billing and payment solutions, offering a full suite of integrated customer communications and engagement solutions that transform the way our clients reach their customers. From transactional documents to strategic marketing initiatives, OSG employs cutting-edge digital technology to expertly craft communications that enhance the customer experience. OSG's reputation for excellence is based upon award-winning communications solutions and long-term investment in clients' success.
SOURCE AppRev
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