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HFRI, STAT Revenue, and PARA are now ParaRev!

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Our Services

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Revenue Capture

Take back control of your accounts receivable and zero balance denials management with assistance from ParaRev. Whether you’re looking for short term help or a long term partnership ParaRev will improve your cashflow and reduce your denials.

RevTeg
Revenue Integrity

Protect your front-end revenue cycle with ParaRev. From contract analysis to pricing transparency and more, ParaRev will assist you in ensuring you’re maximizing profits while minimizing patient dissatisfaction.

RevTek logo
Revenue Technology

Stay on top of the latest revenue technology and maximize your team’s performance with ParaRev’s revenue cycle tools. From innovative, denial guidance software to price transparency tools that connects your patients to the answers they want, ParaRev has you covered.

Money being swept up with paper trash

STAT Revenue [ParaRev’s zero-balance offering] has been the best vendor experience I’ve had in my 40 year career. The results from their zero-balance review are outstanding. We especially appreciate the feedback toward contract language and process improvements. These recommendations increase our own ability to recover future revenue. This client focus is one of the things we most appreciate about working with STAT.

Kathy McCreary, VP, UCHealth
two colleagues reviewing financial documents

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stacks of coins and a calculator

“I have worked with [ParaRev] for over a decade during my tenure as CFO at Northwestern Medicine Health System, Dignity Health, and Presence Health. Because of their outstanding performance, [ParaRev] is a valued partner in my revenue cycle strategic plan in my quest to achieve 100% insurance reimbursement.”

John Orsini, CPA
SVP and CFO at Northwestern Memorial Healthcare

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Increase in collectionsin some cases up to 100% or more

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Cycle time improvement

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Average cash collection ratefor super aged insurance AR

About ParaRev

ParaRev is a specialist in nearly the full spectrum of healthcare revenue cycle management services- from front end charge master analysis and contract management to end of cycle zero balance denial recovery. We accelerate cash flow and increase operating margins by serving as a virtual extension of your central billing office through our proprietary intelligent automation which integrates seamlessly with your systems. We staff your account with a dedicated, knowledgeable, and responsive team of experts who have specific experience with your payers. Our collaborative partnership results in a better flow of money paid upfront, a reduction of denials, and faster, more efficient, resolution of all claims regardless of size or age.

We facilitate accurate payer reimbursement to help improve cash flow and provide more timely, accurate hospital bills, and prevent future AR issues by using root cause analytics to identify and address problems at the source.

Our Services

View All

RevTeg

Revenue Integrity

Protect your front-end revenue cycle with ParaRev. From contract analysis to pricing transparency and more, ParaRev will assist you in ensuring you’re maximizing profits while minimizing patient dissatisfaction.

Revenue Capture

Take back control of your accounts receivable and zero balance denials management with assistance from ParaRev. Whether you’re looking for short term help or a long term partnership ParaRev will improve your cashflow and reduce your denials.

Revenue Technology

Stay on top of the latest revenue technology and maximize your team’s performance with ParaRev’s revenue cycle tools. From innovative, denial guidance software to price transparency tools that connects your patients to the answers they want, ParaRev has you covered.