Helix Advisory: Celebrating Its First Year in Healthcare Revenue Cycle Management
Helix Advisory, a revenue cycle management firm based in Cincinnati and founded by a dedicated team, is proud to mark its first year of operation. This milestone represents not only significant achievements in revenue recovery but also a commitment to enhancing healthcare across various communities. The firm prides itself on its core value of "doing right by doing good," a principle that drives its initiatives and partnerships.
In the past twelve months, Helix Advisory has forged collaborations with more than twenty healthcare providers, including five independent community hospitals. These partnerships have allowed the firm to implement services such as zero balance reviews and denials management. By utilizing advanced analytics and artificial intelligence combined with proven methodologies, Helix Advisory has successfully helped its partners recover millions in previously lost revenue. This financial influx allows hospitals to reinvest in patient care and essential community programs.
Helix's ventures are not limited to community hospitals alone. The company has successfully penetrated new markets, notably engaging with physician practices and urgent care networks. In one significant collaboration, Helix identified nearly $2 million in recoverable claims for an urgent care client, demonstrating the firm's expertise in uncovering financial opportunities across various healthcare settings. This adaptability in tailoring solutions to diverse provider needs has set Helix apart from traditional revenue cycle management vendors.
Additionally, Helix Advisory has worked with large health systems, achieving impressive results in underpayment recovery and contract compliance. By incorporating innovative technologies and streamlining workflows, Helix has consistently outperformed legacy vendors, enabling health systems to see better financial outcomes with remarkable speed and accuracy.
One of the key differentiators for Helix Advisory is its accelerated onboarding process. While many vendors in the space have lengthy timelines for contract initiation, Helix’s expertise in data management allows for a rapid contract-to-go-live timeline of just 30 to 45 days. This swift implementation is vital for healthcare providers eager to start realizing value and fortifying their financial positions promptly.
Zack Higbie, CEO of Helix Advisory, acknowledges the significant challenges facing healthcare organizations today, particularly financial pressures exacerbated by ongoing market conditions. He states, "Our mission is simple: to deliver ethical, high-impact revenue cycle services that ensure hospitals, health systems, and clinics can remain vital to the communities they serve. We are grateful for the trust our clients have shown in us during our inaugural year, and we are excited to continue expanding our reach and impact."
Looking ahead, Helix Advisory is poised to further its mission in the coming years, continuing its dedication to partnering with organizations of all sizes. The firm's goal is to help healthcare providers enhance their financial resilience, operational efficiency, and ultimately contribute to a stronger, more sustainable healthcare ecosystem.
About Helix Advisory
Helix Advisory specializes in optimizing financial performance for healthcare providers through advanced technology, skilled leadership, and a strong commitment to doing right by its clients. The firm offers a range of services, including zero balance reviews, underpayment recovery, denials management, and revenue integrity solutions. For more information, visit
www.helixadv.com.