Company Research Report: Aptarro (formerly Alpha II)

Company Overview

• Name: Aptarro (formerly Alpha II)

• Mission: Aptarro's mission is to simplify Revenue Cycle Management (RCM) for healthcare providers by helping to reduce denials, increase accuracy, and improve staff productivity, allowing providers to focus on quality patient care.

• Founded: No information is available on the exact founding date and founder.

• Key People:

• Ashley Womack, Chief Executive Officer

• Jon Danielson, Chief Financial Officer

• Lori Jones, Chief Growth Officer

• George Langdon, Chief Technology Officer

• Scott A. Schimpf, Chief Information Officer

• Dave Douglas, Chief Operating Officer

• Marla Harmon, Executive Vice President of Government Programs

• Bobby Von Bremen, Senior Vice President of Sales

• Headquarters: Tallahassee, FL, with additional data centers in Aurora, Colorado.

• Number of Employees: No information is available.

• Revenue: No specific information is available on current revenue figures.

• Known For: Aptarro is renowned for its leadership in providing Revenue Cycle Management solutions, aiding healthcare networks across the U.S. in managing complexities of healthcare billing.

Products

ClaimStaker®

• Description: A clinical claim and encounter scrubbing solution that covers the entire continuum of care.

• Key Features:

• Regularly updated content database

• Improves claim validity and accuracy

• User-friendly customization for institutional and professional edits

MIPS Solutions

• Description: Solutions for quality reporting to support the Quality Payment Program (QPP).

• Key Features:

• ONC-certified CEHRT and CMS Qualified Registry

• Processes data from EHR or billing platforms

• Measures scored and benchmarked with CMS data

ABNgen™

• Description: Tool for ensuring compliance with Advance Beneficiary Notice (ABN) requirements.

• Key Features:

• Verifies medical necessity based on Medicare policies

• Quick generation of ABN documents using patient data

E&M Generate

• Description: Solution for accurate E&M coding based on comprehensive evaluation tools.

• Key Features:

• Assesses diagnoses for precise medical complexity

• Considers acuity value, time, and other factors for coding

CodeWizard

• Description: Integrates complex coding and editing logic for software vendors in healthcare.

• Key Features:

• Web-based APIs and intuitive CPT

• Integrated coding and billing edits

Easy Coder

• Description: A comprehensive clinical coding solution within a user-friendly program.

• Key Features:

• Procedure and diagnosis code search

• Encounter editing and compliance tools

Recent Developments

• Recent Acquisitions: Over the last three years, Alpha II, now Aptarro, has strategically acquired RCxRules and Health eFilings to enhance their technological capabilities and solutions portfolio.

• Rebranding: Alpha II rebranded to Aptarro, reflecting a unified vision of simplifying RCM processes and a commitment to “make right easy” for their clients.

• Leadership Appointments:

• Lori Jones appointed as Chief Growth Officer to oversee sales and strategic partnerships.

• Dave Douglas promoted to Chief Operating Officer, bringing over 12 years of experience to optimize workflows and enhance customer experiences.

• Partnerships: Ongoing partnerships with companies and services to integrate Aptarro's solutions into client systems, enhancing RCM processes through innovation in claim scrubbing and denial management.

• Certifications: Achieved the HITRUST Risk-based, 2-year (r2) Certified status, demonstrating adeptness in managing regulatory compliance against standards like HIPAA.

This detailed overview highlights Aptarro’s strategic initiatives and solutions, which are pivotal in maintaining its position as a leader in RCM for healthcare organizations.