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What is Sophical Solutions?

By concentrating on a select number of premium prices and implementing more competitive pricing strategies, we enhance our capacity to generate additional net revenues. This is accomplished by reducing or removing the gaps between charges and negotiated rates for contracts that include "lesser of" clauses. In addition, we increase net revenues through the detection and recovery of underpayments. Our customized models serve each client effectively, as we refrain from confining their data to a generic software solution. These tailored models achieve high accuracy because we carefully analyze every contract, model all pertinent terms, confirm the alignment between plan codes and insurance products, and perform thorough testing on our models. We consider every reimbursement impacted by price changes, which results in the most accurate predictions available in the industry. Moreover, our pricing methodology is not only defensible but also straightforward and comprehensible for patients, ensuring our pricing structures are logical and appropriately tiered. Ultimately, this comprehensive approach significantly boosts revenue generation while upholding transparency and fairness in our pricing practices, fostering trust between us and our clients.

What is Aroris360?

Aroris360 is a dedicated contract management solution specifically designed for the healthcare industry, focusing on the digitization, organization, and analysis of payer contracts to improve revenue insights and operational effectiveness. By transforming conventional paper contracts into a digital, searchable database, the platform enables quick access to contract specifics, allows for side-by-side comparisons, and automates compliance alerts that simplify the renewal process while enhancing negotiation strategies. This system integrates payer contracts, fee schedules, and claims data into one cohesive platform, seamlessly connecting with clearinghouse files to support real-time payment processing and maintain a comprehensive claims history. Furthermore, Aroris360 provides advanced analytics that examine payer composition, coding methodologies, and revenue patterns, equipping organizations to identify discrepancies between negotiated rates and actual payments, detect underpayment situations, and uncover opportunities for further improvements. In addition to streamlining contract management, this powerful tool ultimately empowers healthcare organizations to achieve superior financial performance and operational clarity. By leveraging its capabilities, organizations can not only enhance their revenue cycle management but also foster better relationships with payers through informed negotiation practices.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sophical Solutions

Company Location

United States

Company Website

www.sophicalsolutions.com

Company Facts

Organization Name

Aroris Health

Date Founded

2021

Company Location

United States

Company Website

www.arorishealth.com/aroris360-contract-management-software/

Categories and Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

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