Kinetik Helps VioX Transportation Reduce Rejected Claims and Recover Lost Revenue

March 17, 2023 Kinetik Helps VioX Transportation Reduce Rejected Claims and Recover Lost Revenue

Kinetik's platform has helped us increase revenue while decreasing the time spent on the manual resubmission of rejected claims.

About client

Company

VioX Transportation

Product Used

RCM

NEMT Transportation Specialists

Juan Alvarado, CEO, currently owns and manages VioX Transportation, a holding company that owns three taxi and car service companies in the New York City area. “We are a group of companies in New York City focused on non-emergency transportation for healthcare patients, whether from Medicaid, a particular insurance company or provider, a broker, or a hospital.” The three companies complete, on average, over 700 trips a day in and around New York City. 

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Challenge

VioX was experiencing the following challenges:

Lost revenue due to claim resubmissions

When Viox claims were rejected, it was unclear as to why they had not been approved and took a lot of manual time to resubmit them.  VioX’s team said they were “leaving money on the table” by unsuccessfully resubmitting and processing claims. 

Difficulty finding easy-to-use software

The healthcare industry, particularly non-emergency medical transportation, is a severely fragmented industry lacking efficient and easy-to-use technology. Sarah Alvarado, COO at VioX Transportation, stated that “we haven't been happy with what we're using right now. [[Juan]] kept searching for something better to improve our business.” 

 

Solution

Kinetik's Revenue Cycle Management platform (RCM) helped VioX streamline its claim submission process, add technology to their business that was easy to use, and get a reliable resource on NEMT billing.

Streamlined claim submission process

With Kinetik’s platform, claim submission and resubmission for rejected claims became as simple as clicking a button rather than manually submitting claims through each provider or broker portal. Kinetik compiled all of the claim information into one platform, which made the process substantially more efficient. 

Easy-to-use technology platform

Technology implementation can be a large barrier to entry for many transportation providers. Juan and Sarah both agreed that “being able to navigate the platform in a way that is easy to read and understand” was of the utmost importance to their team when adding new technology to their business. 

Knowledgeable and easily accessible customer service

VioX’s leadership team shared that “Kinetik’s Customer Success team is extremely knowledgeable in NEMT claim processing, which greatly contributes to our company’s success.” Kinetik’s customer satisfaction remains consistent as our team has achieved a Net Promoter Score (NPS) of 88, with anything between 70-100 being considered an “excellent” rating. Our score greatly exceeds the industry average, which is currently between 40-50.

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Juan Alvarado

CEO at VioX Transportation

The rejected trips were hurting us financially. With Kinetik, we were able to re-submit claims in an efficient manner

Juan_VioX_Cropped

Juan Alvarado

CEO at VioX Transportation

The rejected trips were hurting us financially. With Kinetik, we were able to re-submit claims in an efficient manner

500+

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125%

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40

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What our clients say

McBride-CEO

Robert McBride

Founder and CEO, Divine Right Transportation

Being able to hand off one of the most complicated and burdensome parts of the industry to Kinetik has made a tremendous difference. It’s lightened our load so we can focus on what we want to do — serve patients — and not get bogged down with billing issues.

Bill Yuhnke Liberty Cab

Bill Yuhnke

President, Liberty Yellow Cab

Kinetik's RCM Pro billing service has helped our company consolidate billing and get paid faster. We're saving on costs because we don't need a team of billers to handle this process. Plus, we're confident that our operations are in compliance with industry regulations.

Francine Rahe

Controller, CBR Transport

Kinetik is an AMAZING company with incredible customer service, and brilliant billing specialists. I trust their work. They have allowed our company to scale easily. I'm truly impressed.

Jeremy Scalzi M7

Jeremy Scalzi

President and CEO, M7

Kinetik has cut our administrative costs by more than half, allowing our family business to provide more personalized service and improve the standard of care.

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