Apollo Names Healthcare President, Surpasses $3 million-a-Day Mark

Apollo Enterprise Solutions has named a veteran of nearly 30 years in the California health care industry as the chief of the Apollo Enterprise Healthcare Solutions subsidiary it launched last week. John Gryga, the new president of the division, spent 15 years with GE Healthcare then became a director with RadNet, a medical imaging firm. RadNet grew from 4 offices with $20 million in revenues to 60 offices with revenues of $150 million during Gryga’s 12 years with the firm.

Gryga tells insideARM he will use his contacts to promote Apollo initially to healthcare providers and hospitals in California, then expand marketing of the product nationwide.

Apollo’s Web-based Intelligent Debt Solutions allows qualified debtors to create a customized, self-service payment approach to their debt. The credit grantor offers the debtor several options on the timing and total payment that must be made. The bill may be lowered or stretched out to give the debtor more time to pay. Credit grantors can also use Apollo when it has multiple loans with a debtor, displaying online such bills as credit card, mortgage and car loan on a single screen.

Apollo plans call to apply a similar system to the healthcare field where patients typically use a number of providers when visiting a hospital, says Christopher Imrey, CEO of the Irvine, Calif.-based firm. The patient may be billed by the hospital, a surgeon, the pharmacy, an anesthesiologist and others, though the hospital may provide the central billing platform. The multiple bills can be presented online to the patient with a proposed payment plan created with data provided by Apollo, says Imrey.

“We can pull real time credit bureau data, match it with patient data from the hospital and include that in the decision process,” says Imrey.

Gryga says that Apollo’s approach also fits well with the way many Americans use the healthcare system. A hospital visit is often an unpredictable event, where care is needed immediately and cost isn’t a consideration.

“Healthcare can be unforeseen, it’s often an emergency. The patient isn’t ready to handle the costs,” says Gryga. “You have to address [the cost] though many don’t have the resources to address it.”

Apollo recently surpassed $3 million a day in collections, says Imrey. The firm doesn’t share client names but the list includes one of the three largest credit card issuers, one of the three largest retail card issuers and several of the top 10 debt buyers and collection agencies, he says.