Utilize artificial intelligence to accurately forecast surgery duration times in minutes.
Increase Revenue & Decrease Costs!
Our flagship product, the Opollo Ecosystem, is a cloud-based AI platform which consists of two components, Opollo™ and the Opollo Exchange.
Opollo™ is an AI algorithm which learns from a wide range of healthcare data to yield more accurate surgery duration forecasts in minutes, without requiring the implementation of workflow changes.
The Opollo Exchange is a marketplace for healthcare facilities to sell medical services to payers (e.g., health insurance companies, self-insured employers, state Medicaid, and Medicare).
In the Opollo Ecosystem, healthcare facilities benefit from increased revenue growth, cost savings, and cash flow cycle acceleration via the Opollo Exchange's next day payments system. Payers are able to dispatch patients to efficient, high-quality, low-cost healthcare facilities, thus reducing insurance claim payouts and increasing their revenue via higher Medicare Advantage star ratings.
$6.4 million additional annual revenue growth for a healthcare facility averaging 34 surgeries/day
$1 million annual cost savings for a healthcare facility averaging 34 surgeries/day
The average OR costs $1,200 per hour to operate. Less than half of surgeries in the U.S. start and end at their scheduled times. The overall price of the scheduling chaos? More than $30 billion per year.
With over 30% of US hospitals held back by negative operating margins, hospital administrators, staff, surgeons, and patients all bear the cost of inaccurate surgery duration forecasts.
Opollo™, our cloud-based artificial intelligence algorithm, accurately forecasted the durations of one year's worth of surgeries at a top 20 US cancer hospital. Opollo's more accurate surgery duration forecasts could have saved this particular hospital about $1 million per year and generated $6.4 million in additional annual revenue growth.
"Better Forecasts. Better Ops."
Optimized scheduling to increase OR suite throughput and generate more revenue. Also, a marketplace which connects healthcare facilities with excess OR capacity to insurers seeking to dispatch more patients to efficient, high-quality, low-cost facilities.
More accurate surgery duration forecasts result in $1 million annual cost savings for healthcare facilities
Surgery duration forecasts are reported in number of minutes. No additional workflow processes need to be implemented.
Designed to connect to existing systems without modification
Utilize medical natural language processing of medical documents to feed an artificial intelligence model
Opollo™ doesn't store protected health information (PHI)