Case Study: 4,400-bed hospital achieves $70.6M in missed revenue recovery with FinThrive

4,400-bed Hospital uncovers $70.6M in missed revenue with FinThrive

FinThrive helped a 4,400-bed hospital that was struggling with a lack of comprehensive insurance discovery. This issue led to significant inefficiencies, elevated eligibility denials, and costly bad debt accumulation from missed coverage, which often resulted in unnecessary charity write-offs.

The solution involved implementing FinThrive's technology as a secondary safety-net to uncover previously missed billable coverage. As a result, FinThrive identified $70.6 million in additional revenue over the course of the partnership, with an average of $11 million found annually. Notably, 47% of the coverage delivered was for previously unknown primary or secondary insurance.