Hospitals Write Off Money They Already Earned. RISARC Has Recovered $1.8B+ of it.
Rob Cook, Business Executive at RISARC, represents the company’s healthcare revenue cycle management focus: turning hospital revenue leakage into measurable financial performance through AI, automation and experienced human oversight.
RISARC combines automation, AI and experienced oversight across seven connected revenue-cycle stages, with hospitals paying only after recovery.
BURBANK, CA, UNITED STATES, September 16, 2026 /EINPresswire.com/ -- Every year, hospitals write off revenue they already earned. The care was delivered. The claim was filed. The money was owed. Then it was denied, underpaid, or left to age past the point anyone chased it, and the balance moved to bad debt.RISARC, a healthcare revenue cycle management company founded in 1990, reports recovering more than $1.8 billion of that money for hospitals and health systems. The company works on contingency: hospitals pay nothing until the revenue is recovered.
The Money Is Already on the Books
Denials reduce reimbursement. Accounts receivable balances sit unresolved for longer. Underpayments go undetected inside managed care contracts too complex to audit manually at scale. None of that is lost revenue in the ordinary sense. It is earned revenue the organization has not collected. This is known as revenue leakage, and RISARC treats it as a measurable problem with a traceable source. CFOs watch net collection rate, days in A/R, and cash flow. Revenue cycle leaders watch clean claim rate, denial rates, and reimbursement speed. Those are the same problem viewed from two chairs, and RISARC connects them through financial and operational performance you can measure.
The Proof Is in the Numbers
"We have recovered more than $1.8 billion for healthcare clients since 1990. We do not guess at revenue cycle problems. We solve them, and we prove it with the numbers," said Richard Stephenson, founder and president. RISARC reported in its May 2025 white paper on artificial intelligence and robotic process automation that more than 95 percent of claims go out clean on the first pass. The same paper documented prior authorization throughput of approximately 50 cases per hour, a volume manual teams cannot match consistently.
One Connected System
RISARC manages the hospital revenue cycle through a seven-stage Universal Revenue Cycle framework: Intake, Validation, Capture, Coding, Processing, Collections, and Recovery. Every stage is a point where revenue gets protected, delayed, underpaid, denied, or lost. Because RISARC treats the stages as one connected system, a problem found in Recovery can be traced back to the stage where it started. That is the difference between fixing a claim and fixing the cause. Most organizations keep reworking the same denials because nobody closes the loop. The work covers eligibility, prior authorization, claims management, denial management, medical coding, accounts receivable recovery, and reimbursement.
Experience Behind the Automation
RISARC brings more than three decades of reimbursement experience to the technology it runs. Its automation was built by people who already knew where the money goes missing. Technology delivers volume, consistency, and speed. Experienced professionals deliver judgment and accountability. Exceptions still get read by someone who understands what they mean.
Who RISARC Serves
RISARC works with hospitals, health systems, physician groups, clinics, ambulatory organizations, and health plans. Buyers at that level evaluate security, compliance, integration, operational execution, and financial yield. They want results they can verify. RISARC is built for that review.
Before You Write It Off, Find Out What Is Still Collectible
Contact RISARC to discover why we don't get paid until you do, because we believe every dollar your hospital wrote off last year deserved one more question: was it truly uncollectible? Request a demonstration or call 818.953.3020.
About RISARC
RISARC is a healthcare revenue cycle management company founded in 1990 and headquartered in Burbank, California. Combining automation, artificial intelligence, robotic process automation, and experienced human oversight, RISARC helps hospitals, health systems, physician groups, clinics, and health plans recover earned revenue and strengthen financial performance across the entire revenue cycle. RISARC has recovered more than $1.8 billion for healthcare clients since its founding and works on a contingency basis, with no cost until revenue is recovered.
Rob Cook
RISARC LLC
+1 818-953-3020
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