Visibility. Transparency.
Revenue Integrity.
$50M in Managed Care and Fee Schedule Based NPR Recaptured!
Sapphire's platform Leverages over 5 Years of Claims, Contract and Financial Data to Uncover, Reactivate, Recapture, and Prevent Revenue Leakage.
Walter Larkins HealthTech Networking Club member and winner of the HealthTech Startup Award in February), spoke with the bene’ studio steam about our story, service offerings, and what the future holds.
Sapphire’s Walter Larkins Wins Pitch Competition.
The Problem:
There are massive inefficiencies in healthcare
Claims immediately denied by Payors
Claims never paid
Average Hospital Net Operating Margin
3 Solutions Cure That Problem
AI Technology
Block Chain
Systems that improve top line revenue/ NPR and operating efficiencies
Shouldn't a solution pay for itself?
We Think So!
Sapphire’s solutions impact contract performance and net patient revenue by up to 10% and reduce operating expenses by at least 50%
Hospitals are faced with several rapidly evolving and revolutionary changes that will impact healthcare providers’ sustainability and patient care:
Lower reimbursements based on defined outcomes
Rapid transition to complex private and government payor leveraged contracts requiring additional discounts in exchange for the hope for more patients.
The emergence of government mandated complex billing methodologies.
The recent elimination of the Federal mandate will result in an increased number of charity reimbursements impacting Net Patient Revenue.
Improving revenue cycle opportunities and hospital collections from payors requires the use of new tactics and strategies, supported by technology, that will ensure hospitals survive and thrive. Sapphire's solutions go beyond what providers can expect from traditional healthcare business and management consultants. We not only recommend treatment, we provide the cure.