RISARC says it has recovered more than $1.8B in hospital revenue

RISARC, a Burbank-based revenue cycle management company, says it has recovered more than $1.8 billion for hospitals and health systems since 1990. The company says its contingency model means hospitals pay only after money is recovered, as denial management and underpayments continue to pressure healthcare margins.

Why it matters: - Hospitals routinely write off revenue that was already earned when claims are denied, underpaid, or left too long in accounts receivable. - RISARC says that “revenue leakage” is measurable and recoverable, which could improve net collection rate, days in A/R and cash flow for providers. - The company says hospitals pay nothing until revenue is recovered, which lowers upfront risk for finance teams.

What happened: - RISARC said it has recovered more than $1.8 billion for healthcare clients since 1990. - The company is a healthcare revenue cycle management firm founded in 1990 and headquartered in Burbank, California. - RISARC said it uses automation, artificial intelligence, robotic process automation and experienced human oversight across the revenue cycle. - The company said hospitals can request a demonstration or call 818.953.3020.

The details: - RISARC described a seven-stage Universal Revenue Cycle framework: Intake, Validation, Capture, Coding, Processing, Collections and Recovery. - The company said each stage is a point where revenue can be protected, delayed, underpaid, denied or lost. - RISARC said a problem found in Recovery can be traced back to the stage where it started. - The company said it handles eligibility, prior authorization, claims management, denial management, medical coding, accounts receivable recovery and reimbursement. - Richard Stephenson, founder and president, said the company does not guess at revenue cycle problems and proves results with numbers. - RISARC said more than 95% of claims go out clean on the first pass, based on its May 2025 white paper on artificial intelligence and robotic process automation. - The same white paper said prior authorization throughput is about 50 cases per hour.

Between the lines: - The pitch is aimed at turning revenue cycle work from a back-office cleanup function into a measurable financial performance tool. - RISARC is positioning its model as a way to connect operational metrics and CFO metrics around the same lost dollars. - The company is also signaling that automation alone is not the product; human oversight remains part of the workflow for exceptions and complex cases. - RISARC’s LinkedIn page was included in the release.

What's next: - RISARC is inviting hospitals and health systems to assess whether previously written-off balances are still collectible. - The company is pushing a contingency-based sales model that removes upfront cost until recovery is achieved. - Providers weighing denial recovery vendors will likely focus on measurable yield, compliance, security and integration before signing on.