As 2024 comes to a close, we at Raven Health are reflecting on a year of unprecedented growth and achievement. This year, we’ve had the honor of supporting ABA clinics across the country with our all-in-one platform, empowering them to deliver exceptional care while streamlining their daily operations.
“We are deeply grateful for the trust that new and growing ABA clinics place in Raven’s all-in-one platform. From creating client programming and collecting session data to billing for sessions and beyond, it’s our mission to provide not only a reliable product but also a best-in-class user experience. This is a tremendous responsibility, and we are dedicated to meeting it with excellence every single day,” said Richard Wagner, CEO of Raven Health.
Session and Data Collection Growth
This year, Raven has seen remarkable growth in session and data collection. Since January, our platform has achieved a 147% increase in accounts and an astonishing 474% growth in session totals. This growth isn’t just about numbers; it’s about impact. The additional sessions mean we are enabling ABA clinics to deliver significantly more clinical care than at the start of the year, a milestone we are incredibly proud of.
Transforming Billing Operations
2024 marked the launch of Raven 360, which includes our renowned billing features, introduced in April of this year. Since launching, its adoption has skyrocketed. Our managed billing team brings over 75 years of combined billing experience to the table. This expertise allows us to bill and collect more efficiently, saving valuable time for clinic owners and enabling them to focus on providing critical care to children.
On average, we nearly tripled our customer claim volume every month since launching the product earlier in the year. By the end of the year, claims sent and processed through our partner clearinghouse have grown by 192% month over month. Raven’s billing platform has empowered clinics with a powerful tool to simplify and optimize their financial workflows.
Two of our managed billing clients illustrate the power of our solution:
- Practice #1: This clinic achieved a remarkable collection rate of 98.8% and an average days-to-pay of just 10.3 days.
- Practice #2: This clinic achieved an astounding 99.99% collection rate and an average days-to-pay of only 7.1 days.
These results highlight how our platform not only supports billing accuracy but also accelerates revenue collection, allowing clinics to focus on their core mission of delivering care.
Looking Ahead
This year’s growth is a testament to the trust our clients place in us and the dedication of the Raven Health team. As we move into 2025, we remain committed to innovation and excellence, ensuring that ABA clinics have the tools they need to thrive. To newer practices interested in learning more, feel free to sign up for a free 30-day trial to experience Raven’s benefits firsthand. And to our current clients, thank you for being part of this incredible journey - we can’t wait to see what we accomplish together next year!
