EnableComp has acquired revenue recovery firm Helix Advisory to expand its zero balance review capabilities, according to an Aug. 12 news release.
The deal adds three capabilities to EnableComp’s platform: technology that identifies underpayments standard audit logic misses, clinical signal detection that flags mismatches between how a claim was coded and what a payer reimbursed, and root-cause analytics meant to prevent future losses rather than just recover past ones.
“Most recovery programs are built to find what they’re told to look for. Helix’s technology finds what nobody told it to look for — that’s the difference between a rules engine and real intelligence,” Frank Forte, CEO of EnableComp, said in the release.
EnableComp supports more than 1,000 hospitals nationwide and recovers roughly $3 billion annually across its complex claims, denials and revenue recovery lines, according to the release.