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Irvine, CA June 28, 2007
— Apollo Enterprise Solutions LLC, the leading provider of
web-based payment and collection technology, announced today that
it has launched Apollo Enterprise Healthcare Solutions, LLC (“AEHS”).
AEHS will deliver Apollo’s virtual collection application,
the Apollo Intelligent Debt Solutions™ (IDS) system, to the
healthcare industry. The company’s revolutionary Decisioning
Intelligence™ process of matching payment plans or settlement
offers with a patient’s ability to pay will bring a new approach
to medical industry providers and collection agencies.
“Our new healthcare subsidiary will be building
on our success in the financial services arena where we currently
serve a growing number of the top tier credit card issuers, debt
buyers and collection agencies,” said Apollo’s Chief
Executive Officer, Christopher Imrey. “Our proven technology
integrates historical account and payment information, optional
real-time credit bureau data, and client collection rules and guidelines
to optimize a patient’s self-service payment options. As a
result, the Apollo IDS system will deliver an immediate lift in
our clients’ billing, collections and recovery portfolios.”
Imrey went on to note that many healthcare providers
struggle with the back office function of revenue cycle management,
including accounts receivable management, collections, managing
outstanding claims, payment and adjustment posting, contract compliance,
denial and appeals processing, and customer service. “The
Apollo IDS system will quickly become an integral back office tool,”
said Imrey. “Once Apollo’s unique technology is customized
to a healthcare provider’s specific requirements, it will
effectively streamline and simplify their self-service payments,
collections, and recovery efforts in the healthcare revenue management
cycle.”
About Apollo Enterprise Solutions
Apollo Enterprise Solutions, LLC, headquartered in Irvine, California,
provides enterprise-class web-hosted solutions for a variety of
industries involved in receivables management and debt collections.
At the heart of Apollo’s Intelligent Debt Solutions™
system is the patent-pending IDS Decision Engine™ which provides
Decisioning Intelligence™, a revolutionary process that delivers
more debtors for recovery and settlement and more dollars per settlement
by creating individual, customized offers that reflect a debtor’s
most realistic ability to pay.
Contact:
Jeff Dickey
Executive Vice President - Sales & Marketing
Apollo Enterprise Solutions, LLC
(949) 399-1000 x220
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