Apollo Enterprise Solutions Launches Healthcare Subsidiary

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.”