- The average age at placement is approximately 68 days, with an average gross placement balance of around $5,000.
- In the last twelve months (LTM), the total amount placed was about $733 million.
- These figures underscore the efficiency and success of the placement strategy.
HBiZ supports a major health system
We excel in overturning denied claims by deploying the right experts and leveraging
technology across clinical, coding, and technical denials.
At A Glance
80%
Net Recovery
Supported hospital system to transition onto HBS’ A/R support service
$225M in
collections
The last twelve months (LTM) collections total $225 million.
Placement Metrics
A major health
system
Throughput Metrics
The average age at placement is approximately 68 days, showcasing the efficiency of the process.
- The average age at placement is approximately 68 days, showcasing the efficiency of the process.
- The average gross placement balance is around $5,000, indicating a consistent investment level.
- Over the last twelve months (LTM), the total amount placed reached about $733 million, highlighting the success of the placement strategy
Outcome metrics
| Rates | |
|---|---|
| Net recovery rate: | 80% |
| Last Twelve Months collections: | $225M |
The total amount placed over the last twelve months (LTM) is approximately $733 million.
80%
The net recovery rate is
approximately 80%.
$733M
The total amount placed over LTM
is approximately $733 million
78 DAYS
The average number of days from
first touch to payment is 78.