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Vendor Solution Portfolio
Discover our curated vendor solutions, designed to deliver disproportionate value relative to the investment in money, time, and effort.
High Hard-ROI
Low Financial Risk
Low IT Lift
01.
The Current Challene
Escalating Costs. Slim Margins. Quality Care.
Balancing Financial Viability with Quality Patient Care
More than ever, health systems are facing resource constraints and shrinking margins, with a multitude of solutions that often add strain to clinicians and detract from the human aspects of healthcare. Rising costs and operational complexities, coupled with the imperative to deliver world-class care, are challenging the financial viability of many hospitals.
Health system leaders need solutions that not only enhance financial stability but also improve the capacity to deliver quality care swiftly, without additional burdens or breaking the bank.
02.
Our Mission & Approach
Our mission is to empower health systems
with cutting-edge solutions designed to deliver exceptional value.
At LJO Advisors, our mission is to empower health systems by leveraging our extensive experience in acute healthcare to curate vendor solutions that deliver exceptional value. With an average of over 20 years of industry experience, we have formed trusted relationships that allow us to identify and bring forth solutions offering disproportionate benefits relative to investments.
Our unique approach ensures that hospitals receive high ROI, low financial risk, and minimal IT lift through our curated solutions.
Deep Industry Experience
Our team has an average of over 20 years of experience in acute healthcare, giving us unparalleled insight into the challenges and needs of health systems.
Trusted Relationships
We have formed strong, trusted relationships with key industry stakeholders, allowing us to access and evaluate the best vendor solutions available.
Curated High-Value Solutions
Leveraging our vast experience and focus on relationships, we make it easier for health systems to find trusted, proven solutions amidst a sea of unknown, untested vendors. This trusted curation means health systems can confidently implement solutions that truly matter, without the risk and uncertainty often associated with new technologies.
03.
Delivering Value
Our Vendor Solution Portfolio
Delivering High-Value Solutions for Your Health System
We sincerely appreciate the opportunity to serve you and your health system. Your trust and our relationship fuel our commitment at LJO Advisors. Our vendor solution portfolio is meticulously curated to focus on high-value areas, ensuring each solution adheres to our philosophy of delivering exceptional value. Every solution in our portfolio meets our three-point criteria of high ROI, low financial risk, and minimal IT lift, guaranteeing that you receive the best possible outcomes with minimal investment and effort.
01.
ROI
High Hard-ROI
02.
Cost
Low Financial Risk
03.
Effort
Low IT Lift
.01
Extrico Health
Extrico Health leverages AI-powered analytics and clinician expertise to enhance clinical documentation and revenue cycle management. Their solutions scan and validate EHR data to identify missed revenue opportunities and improve coding accuracy. With a focus on operational efficiency, Extrico Health helps health systems optimize financial performance and elevate quality outcomes.
Impact
34,104
Charts Reviewed in Minutes
Extrico Health's solutions reviewed 34,104 charts quickly, identifying missed opportunities and ensuring comprehensive documentation.
33%
Charts Missing a Key ICD Code
33% of charts reviewed were found to be missing an ICD code, which Extrico Health identified and corrected, enhancing revenue.
$22.7M
Recoverable Billable Revenue
Extrico Health identified $22.7 million in potential billable revenue through DRG modification and coding accuracy improvements.
.02
Acmeware
Acmeware's Empower is a powerful analytics and business intelligence solution designed specifically for MEDITECH EHR. Leveraging Microsoft Power BI, Empower delivers modular, intuitive, and consistent data reports. With over 25 years of MEDITECH data governance expertise, Acmeware ensures that you achieve seamless access to actionable insights without the need for significant IT investment.
Impact
25+
Years of MEDITECH Expertise
Acmeware brings over 25 years of experience in MEDITECH data governance, ensuring high-quality and reliable data analytics.
90%
Reduction in IT Resource Requirement
Empower reduces the need for extensive IT resources by 90%, enabling health systems to focus on actionable insights and improved operations.
.03
Atlas
Atlas Health provides an AI-powered platform that automates patient assistance processes, ensuring efficient and accurate matching with financial aid programs. This solution enables health systems to access substantial non-governmental financial aid, increasing reimbursement rates and reducing uncompensated care. With a focus on enhancing patient outcomes and operational efficiency, Atlas Health's technology is a game-changer for healthcare organizations.
Impact
192%
Increase in Financial Aid for Patients
Atlas Health enabled an average of 192% increase in financial aid for patients.
$5.7M
Annual Found Financial Aid Support
St. Joseph’s/Candler provided $5.7 million in annual financial aid support through Atlas Health's solution.
75%
Reduction in Time to Submit Claims
The time to submit a clean claim was reduced by 75%, enabling faster reimbursements and better financial management.
.04
DignifiHealth
DignifiHealth offers an intuitive, all-in-one platform for value-based care and population health management. Utilizing AI and seamless EMR integration, the platform delivers real-time, actionable insights that improve patient outcomes and financial performance. With a focus on proactive care management, DignifiHealth ensures quick ROI and enhanced operational efficiency for healthcare organizations.
Impact
90 Days
Time to ROI
DignifiHealth ensures a quick ROI within 90 days, significantly enhancing financial performance and operational efficiency.
40%
Increase in Point-of-Care Gap Closure
The platform increased point-of-care gap closure from 8.5% to over 40%, improving patient outcomes and care quality.
$1.5M
Generated Surplus
DignifiHealth generated $1.5 million in surplus for a 300-provider system, showcasing its impact on financial performance and sustainability.
.05
Dock Health
Dock Health provides a comprehensive task management and workflow automation platform designed specifically for healthcare. It helps healthcare teams manage administrative tasks, enhance collaboration, and ensure compliance with HIPAA regulations. The platform integrates seamlessly with existing systems, automating manual tasks and improving overall efficiency. With features like secure chat, patient profiles, and detailed analytics, Dock Health is the ideal solution for busy healthcare practices looking to streamline operations and improve patient care.
Impact
108
Minutes Saved per Week
Dock Health saves healthcare teams an average of 108 minutes per week by automating administrative tasks.
94%
Reduction in "Dropped Balls"
Healthcare teams experience a 94% reduction in dropped tasks, ensuring all important administrative tasks are completed.
91%
Increase in Collaboration
Dock Health enhances team collaboration by 91%, improving communication and coordination across healthcare teams.
.06
Encore Exchange
Encore Exchange offers a revolutionary approach to bad debt collection, retrieving over 45% of funds in just 56 days. Their Extended Care Program (XCP) leverages segmentation, automation, and empathetic patient engagement to maximize collections without the high costs and negative impacts of traditional bad debt placement. By integrating advanced analytics and seamless communication, Encore Exchange provides a cost-effective and patient-friendly solution to improve financial outcomes.
Impact
233%
ROI
Health systems see an increase from $6 to $20 in returns for every dollar invested in collections through Encore Exchange.
54%
Increase in Self-Pay Collections
The use of advanced analytics and automation by Encore Exchange leads to a 54% increase in self-pay collections.
45%
Bad Debt Recovery
Encore Exchange recovers 45%+ of bad debt within just 56 days, far surpassing traditional collection cycles.
.07
MD|Comp
MD|Comp addresses the issue of inaccurate provider compensation related to errors in wRVU calculations. Developed by a team of healthcare professionals, compensation consultants, and technologists, the platform automates compensation calculations, ensuring accuracy and efficiency. MD|Comp improves financial performance and operational efficiency, providing healthcare organizations with reliable and precise compensation management.
Impact
98%
Accuracy in Compensation Calculations
MD|Comp achieves a 98% accuracy rate in wRVU calculations, ensuring precise provider compensation.
50%
Reduction in Administration Workload
The platform reduces the administrative workload by 50%, allowing staff to focus on more strategic tasks.
3
Months to ROI
Healthcare organizations typically see a return on investment within 3 months of implementing MD|Comp.
.08
MedPower
MedPower's Performance Coaching provides a powerful solution for healthcare organizations looking to improve patient safety and quality care. The platform delivers tailored micro-learning modules based on real-time data, helping to prevent patient falls, hospital-acquired infections, and enhance patient satisfaction scores. By focusing on prescriptive learning, MedPower ensures that healthcare providers receive the most relevant training to boost HCHAPS scores and reduce preventable incidents, ultimately leading to better patient outcomes and financial performance.
Impact
50%
Reduction in Patient Falls
MedPower helps reduce patient falls by 50%, significantly improving patient safety and care quality.
35%
Increase in Patient Satisfaction Scores
The tailored micro-learning modules result in a 35% increase in patient satisfaction scores, boosting HCHAPS scores.
70%
Reduction in Preventable Incidents
MedPower reduces preventable incidents by 70%, leading to substantial cost savings and improved patient outcomes.
.09
Medtel
Medtel’s SurgiScript is a comprehensive platform designed to streamline surgical coordination, enhancing patient outcomes and profitability. By digitizing the booking process, automating communications, and ensuring real-time access to critical information, Medtel reduces same-day cancellations and improves overall operational efficiency. This platform empowers healthcare teams with seamless connectivity, ensuring that each surgical case is managed optimally from booking to completion.
Impact
35%
Reduction in Same-Day Cancellations
Medtel’s SurgiScript reduces same-day cancellations by 35%, improving surgical scheduling efficiency and patient care.
90%
Increase in Booking Accuracy
The platform increases booking accuracy by 90%, ensuring that all necessary information is captured and processed efficiently.
$500,000
Increased Revenue per OR per Year
Medtel’s solution helps increase surgical volume and revenue, generating an additional $500,000 per operating room per year.
.10
Vatica Health
Vatica Health offers a revolutionary approach to risk adjustment and quality performance through an AI-powered platform. Certified clinical nurses and AAPC-certified coders validate clinical data, providing hospitals with accurate coding and documentation. This zero-risk, payer-funded solution not only improves financial benchmarks but also enhances value-based care arrangements, ensuring health systems excel in revenue, efficiency, and quality metrics.
Impact
90%
Reduction in Documentation Burden
Vatica Health reduces the documentation burden by 90%, allowing providers to focus on patient care while ensuring accurate coding and documentation.
$150
Program Revenue Per Completed Visit
Each completed visit generates $150 in program revenue, contributing to the health system's financial health and sustainability.
42%
Increase in Vascular Disease Cases Found
Vatica Health is responsible for a 42% increase in the identification of vascular disease cases, improving patient outcomes and care quality.
LJO Advisors
Connecting healthcare technology vendors, health systems, and investors to fast-track success.
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Health Systems
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Vendors
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