Apollo Enterprise Solutions Launches Healthcare Subsidiary, Apollo Enterprise Healthcare Solutions, LLC

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 TrueCollect™ ™ 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 TrueCollect™ 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 TrueCollect™ 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 TrueCollect™ ™ system is the patent-pending TrueCollect™ 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.

For further information contact:
Apollo Enterprise Solutions, Inc.
2101 Business Center Drive, Suite 215
Irvine, CA 92612
(562) 437-7855
jkonowiecki@apolloenterprise.com
www.ApolloEnterprise.com

   

 

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