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Company & Technology Overview Driving results in over 100 hospitals with more than $ 6 billion in revenue Collect More Cash Collect More Efficiently

Health Tech Overview 04 02 2012 Brief

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Page 1: Health Tech Overview   04 02 2012   Brief

Company & Technology Overview

Driving results in over 100 hospitals

with more than $ 6 billion in revenue

Collect More Cash Collect More Efficiently

Page 2: Health Tech Overview   04 02 2012   Brief

Healthcare Revenue Cycle SaaS-based Apps Driven by operations to create sustainable results

Trusted for over 40 years

Founded in 1971 as Brim HealthCare - nationwide hospital management company known for quality and integrity. Now named HealthTech Management Services

Launched HealthTech Solutions Group in 2010 based on our deep operational expertise. Purpose is to provide innovative revenue cycle technologies and services

History

HealthTech Solutions Group – Guiding Principles

Collect More Cash

Concise claim analytics engine

Collect More Efficiently

Proprietary Collections Management Platform

Improve AR Management

Unprecedented AR Business Intelligence

Page 3: Health Tech Overview   04 02 2012   Brief

HealthTech Today

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HealthTech Solutions Group is trusted by over 100 hospitals nationwide

Key Statistics:

Client Profiles:

• Over 100 acute care facilities using our software • Over $6 billion in NPR • Interfacing with over 13 patient accounting systems

• For Profit Systems • Not for Profit • Urban, Rural, County, Community, CAH Hospitals • Acute, sub-acute • ASC, Psych, Clinics

Page 4: Health Tech Overview   04 02 2012   Brief

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HealthTech’s SaaS-based “App Store” All you need is a web browser to transform your Revenue Cycle results

Page 5: Health Tech Overview   04 02 2012   Brief

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HealthTech’s App Suite

Patient Registers

Chart / Code

Clean Claim

Charge Entry

Correct Claim

Edited Claim to

Payer

Status Claim,

Edit

Primary Claim Paid

Secondary or Co-Pay?

Bad Debt?

Analyzes claims prior to submission. Checks for inconsistencies including charge capture errors, coding omissions, claim data integrity losses and compliance issues. myClaimIQ Genie

Automates claims statusing. Results can be integrated into your patient accounting system. Reporting capabilities improves denials management. AutoStatus

Retroactive Medicaid Search. Identifies self-payers that have qualified for Medicaid after discharge. RMSS

AlphaCollector and/or Collections Services

HealthTech provides collections services to many of our clients. We originally developed all our Apps to use in our own CBO, so we use and refine them daily. Our resulting efficiencies allow us to offer very competitive collection rates for clients who choose it.

Basic revenue cycle stages and where we can help…

Choose one App or choose our comprehensive solution…

Page 6: Health Tech Overview   04 02 2012   Brief

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Old Collections Model

Hospital 1

Hospital 2

Clinic 1

Clinic 2

Psych 1

ASC 1

Payer A

Payer B

Payer C

Payer D

Payer E

Varying patient accounting, billing and collections systems

cause inefficiencies and result in higher costs to collect and less cash collected.

Vendor F

Vendor G

Vendor H

Vendor I

Poor Data =

Poor Decisions

Spreadsheets, emails, voicemails, sticky notes, etc.

Page 7: Health Tech Overview   04 02 2012   Brief

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AlphaCollector Collections Model

Finance All AR in one portal Vastly better data

True insight More Cash

CBO Increase Productivity

Improve Oversight Transfer Documents Transform Results

Hospital 1

Hospital 2

Clinic 1

Clinic 2

Psych 1

ASC 1

Payer A

Payer B

Payer C

Payer D

Payer E

Vendor F

Vendor G

Vendor H

Vendor I

AlphaCollector is the SaaS platform that enables collections best practices and

deep insight into your Accounts Receivables, resulting in more cash collected, more efficiently.

Page 8: Health Tech Overview   04 02 2012   Brief

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AlphaCollector – Business Office / CBO

Integrates with any hospital or physician practice management system Dramatically reduces the steps to collect due to account “drill through” capability Integrated account assigning, collector productivity, notes rating and “AutoStatus” Integrated, real time documentation / data transfers with your collections vendors

Features

AlphaCollector is the platform that improves your AR productivity and oversight

Increase collector productivity by up to 50% Reduce management oversight time by up to 80% Manage and improve collectors’ results - $ collected Manage and improve collections vendors’ performance and collections ratio Maintain single point of control over all your AR from one portal

Benefits

Page 9: Health Tech Overview   04 02 2012   Brief

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AlphaCollector – Finance Leadership AlphaCollector is the “game changer” that puts you in control of your AR

SaaS-Based – Access via web browser Real-time, centralized reporting and analytics for all your AR streams State of the art KPIs and Business Intelligence modules Pivot table ad-hoc reporting capabilities

Features

SaaS-based – No hardware or up-front fees. Portable, easy to deploy and update Maintain single point of control over all your AR streams from one portal Leverage aggregated data for vastly improved oversight and decision making Reduce management oversight time by up to 80% Integrated vendor management capabilities

Benefits

Page 10: Health Tech Overview   04 02 2012   Brief

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AlphaCollector – Vendor Value At your request, HealthTech can integrate your outside collections vendors

SaaS-Based – Access via web browser Integrated account assignments from the client Integrated, real time documentation / data transfers with your collections vendors Integrated account assigning, collector productivity, notes rating and “AutoStatus”

Features

SaaS-based – No hardware required. Portable, easy to deploy and update More collections business potential through dynamic account assigning capability Less time spent chasing account documentation due to request / transfer capability Potential for new client referrals from HealthTech Enhances client satisfaction

Benefits

Page 11: Health Tech Overview   04 02 2012   Brief

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AlphaCollector – Benefits Recap AlphaCollector benefits all key revenue cycle stakeholders

Increase collector productivity by up to 50% Reduce management oversight time by up to 80% Manage and improve vendors’ performance and collections ratio

Business Office

Maintain single point of control over all your AR streams from one portal Leverage aggregated data for vastly improved oversight and decision making Reduce management oversight time by up to 80%

Finance Leadership

More collections business potential through dynamic account assigning capability Less time spent chasing account documentation due to request / transfer capability Potential for new client referrals from HealthTech

Outside Collections Vendors

Page 12: Health Tech Overview   04 02 2012   Brief

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HTSG Apps = Margin Improvement Collect More Cash + Collect More Efficiently = Margin improvement opportunities

0

1

2

3

4

Year 1 Year 2 Year 3

RMSS - Cash

AutoStatus - Efficiency

AutoStatus - Cash

Genie - Cash

Alpha - Efficiency

Alpha - Cash

Mar

gin

Impr

ovem

ent %

Page 13: Health Tech Overview   04 02 2012   Brief

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AlphaCollector – Demo

Sounds great. Can I see it?

[email protected]

661.714.7639