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CoverMe - Case Studies

True Stories That Speak For Themselves

Learn how CoverMe Has Made A Real Difference To Hundreds Of Hospitals And Long Term Care Facilities.

How CoverMe saved over 1 million in revenue for a community hospital within 12 months

The client is community hospital serving as a leading provider in emergency medicine. Situated in a rural town they are a 47 bed critical access facility. Frustrated by their bad debt rate, they retained CoverMe’s services in December of 2015. Within 6 months, they were completely satisfied and expanded their services to include an additional three clinics. Within a year of their start date, they had reduced their uncompensated care balances by 27.1% and had saved over $1,000,000. Their initial investment truly paid for itself many times over.
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How CoverMe saved over 16 million in revenue for a leading hospital within 14 months.

The client serves one of the largest Medicaid populations in the country, screening over 200,000 self-pay patients each year. In March 2017, they designed CoverMe as a sole source provider and immediately recognized the significant labor cost savings of using the streamlined intake process. Their labor costs were reduced by 270,000 work hours totaling over $6,400,000. Within 14 months of services they saw a reduction of 16,000,000 in uncompensated care debt.
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How CoverMe reduced bad debt balances by 47% for the caring Long term care group.

The Caring Long-Term Care Group operates 175 skilled nursing facilities in 16 states. Their greatest challenges lie in pre-admission assessments and financial planning. Immediately after utilizing the CoverMe risk scoring system, they saw an increase in better admission decisions. Within their first calendar year, they experienced a 47% reduction in bad debt related to Medicaid denials with an estimated savings of at least $6,000,000.
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CoverMe Consistently Delivers A 20X ROI.

CoverMe Empowers Hospitals And Long-Term Care Providers With A Customized Arsenal Of Tools To Build Proactive Revenue Cycle Strategies, Make Educated Decisions And Improve Collections. Discover How CoverMe Can Drive A Significant ROI Into Your Healthcare Operations.

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Blog And Insights

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Accelerating Revenue Recovery - Priorities for Hospitals in 2022

Longer hospital stays, sicker communities, staffing shortages, and a rising self-pay population may have led to nearly $54 billion in revenue loss in 2021, despite federal relief. The State of the Hospital Revenues in 2021 The second calendar year of the raging pandemic had been much kinder to hospitals, with most hospitals reporting a decent […]
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Rural Hospital Closures: How do They Impact the Country’s Economic Health?

Rural Hospitals - The Lifeblood of Local Economy As the pandemic continued raging through the second year in a row, hospitals in rural America were the most impacted. A study by Chartis Center for rural health estimated that nearly 450 rural hospitals are facing the risk of closure. We have a new study out this […]
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