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Felipe Dellacqua
Author

Felipe Dellacqua

Founder and CEO of Accrua

Writes about denials, collection periods and AI in the revenue cycle, drawing on two decades building technology companies, from the first sale to an IPO on the New York Stock Exchange.

Content by Felipe Dellacqua

Guides

54 posts

  1. Across-the-board denials: what they are and how to contest them · 9 min read
  2. AI for denial prevention: how it works in practice · 10 min read
  3. AI in hospital billing: what already works and the limits · 9 min read
  4. Authorization denials: what the payer must disclose and how to reverse them · 11 min read
  5. Cath lab and high-cost procedure billing: what to check before submitting the claim · 9 min read
  6. Brasíndice and Simpro: how to price supplies and drugs on the claim · 8 min read
  7. Brazil's largest health insurers: ranking and payment profile · 8 min read
  8. Claim review and remittance statements: how to read and reconcile them · 9 min read
  9. Denial management: process, owners and KPIs · 10 min read
  10. Denials committee: how to set up and run the meeting that fixes the source · 10 min read
  11. Hospital claim closing: how to reduce discharge-to-bill time · 10 min read
  12. Eligibility verification: the front desk checklist · 10 min read
  13. Emergency department and urgent care denials: how to fix authorization and documentation · 10 min read
  14. Emergency department vs. elective admission billing: practical differences · 9 min read
  15. Expired authorization numbers: why they happen and how not to lose the procedure · 9 min read
  16. Revenue cycle stages: who does what in the front end, middle and back end · 10 min read
  17. Hospital accounts receivable: allowances, write-offs and losses · 9 min read
  18. Days in A/R for hospitals: how to calculate and reduce the average collection period · 10 min read
  19. Hospital billing department: structure, roles and staffing · 10 min read
  20. Hospital billing specialist: what they do, training, skills and auditor career · 10 min read
  21. Hospital daily rates and fees: what can and can't be charged · 9 min read
  22. Hospital revenue forecasting: how to project cash by payer · 10 min read
  23. How to bill OPME: authorization, invoice and traceability · 8 min read
  24. Billing transition: how to change the model without stopping operations · 10 min read
  25. How to negotiate with the payer's auditor: technique, documents and minutes · 9 min read
  26. ICU and long-stay denials: how to protect every per diem · 10 min read
  27. Initial, final and accepted denials: what each one measures · 8 min read
  28. Inpatient stay extensions: how to request them and avoid daily-rate denials · 9 min read
  29. Hospital interim billing: when and how to bill long inpatient stays · 9 min read
  30. Healthcare interoperability: TISS, HL7 FHIR and data exchange with payers · 9 min read
  31. Late payer payments: hospital rights and how to collect · 10 min read
  32. Loss ratio: what it is and why it changes the relationship with hospitals · 10 min read
  33. Medical boards and technical disagreements: how the ANS rule works · 9 min read
  34. Medical claims auditing: types, CFM rules and how to audit before the payer does · 13 min read
  35. Medical record audit: what must be documented so the claim isn't denied · 10 min read
  36. NIP and ANS complaints: what hospitals need to know · 10 min read
  37. On-site vs. electronic claims audit: advantages and risks · 9 min read
  38. OPME denials: causes and how to prove use · 8 min read
  39. Physician audit: CFM rules and the limits of the payer's auditor · 10 min read
  40. Physician fee denials: team, surgical approach and add-ons · 8 min read
  41. Physician fees on the hospital claim: participation level and add-ons · 9 min read
  42. Hospital claim pre-audit: how to review 100% without slowing billing · 10 min read
  43. Prior authorization of procedures: ANS deadlines and how to avoid denials · 12 min read
  44. Provider network termination in Brazil: what ANS requires from payers and what hospitals can do · 10 min read
  45. Revenue cycle in mid-size hospitals: priorities and common mistakes · 9 min read
  46. Revenue cycle KPIs: 20 metrics with formulas and industry benchmarks · 15 min read
  47. Revenue cycle vs. hospital billing: what's the difference · 10 min read
  48. Rio de Janeiro hospital market: payers, networks and outlook · 9 min read
  49. ROI of a revenue cycle project: how to build the business case · 10 min read
  50. Supplies and drug denials: the most common causes and how to prevent them · 9 min read
  51. The TISS standard: what it is, its components and how it works · 10 min read
  52. Urgent and emergency coverage: what the payer is required to cover · 10 min read
  53. Waiting periods and temporary partial coverage: impact on the hospital claim · 10 min read
  54. What payer delays cost: the price of each extra day to get paid · 10 min read

Materials

2 posts

  1. AI in the hospital revenue cycle: what a 2025 US study says · 10 min read
  2. AI and hospital financial performance: what a review of 27 US studies shows · 9 min read

Articles

5 posts

  1. 5 revenue cycle KPIs every hospital manager should track · 9 min read
  2. Why large AI models won't disrupt the healthcare revenue cycle · 6 min read
  3. From reactive denials to predictive prevention: how AI changes hospital billing · 6 min read
  4. AI in the revenue cycle: how artificial intelligence is redesigning revenue at Brazilian hospitals · 7 min read
  5. A system out of sync: what the 2026 Anahp Observatory shows about hospital cash flow · 7 min read

News

1 post

  1. The financial squeeze on private hospitals runs through the revenue cycle · 5 min read

Events

2 posts

  1. Accrua will be at Conahp 2026, Brazil's largest healthcare congress · 6 min read
  2. Hospitalar 2027 has its dates, and Accrua will be at Latin America's largest healthcare event · 4 min read

Press

2 posts

  1. Janela Publicitária highlights Accrua's debate on partner relationships at SP2B · 2 min read
  2. Felipe Dellacqua, founder and CEO of Accrua, moderates a panel on partner agreements at SP2B 2026 · 4 min read

Social Impact

1 post

  1. Healthcare turnover: when caregivers leave, patients feel it · 6 min read

Career

  • 22
    years as an entrepreneur
  • 5
    companies founded
  • 2
    exits
  • 1
    NYSE IPO

I started my first business early and never stopped. In 22 years, I've been through every stage of a company: the first sale, scaling with institutional capital, going public, crisis and turnaround. Today I apply all of it to the hardest problem I've ever chosen to solve: the revenue cycle of Brazilian hospitals.

From zero to exit

Primordia was my first big bet. In three years, we built Brazil's first e-commerce SaaS for the fashion industry and reached 80% market share. In 2014, the company was acquired by VTEX.

From scale to IPO

I joined VTEX as an executive partner and spent the next seven years leading the consolidation of the Brazilian market, reporting directly to the global co-CEO. That meant 50% organic growth a year, the move from mid-market to enterprise, Series B and C rounds led by SoftBank, Tiger Global and Lone Pine Capital and, finally, the NYSE IPO at a US$ 3.7 billion valuation.

Crisis, turnaround and global operations

After the IPO, I kept building. I was an operating partner at Adventures, a startup with a R$ 50 million Series A backed by Provence Capital, Mercado Livre, Atmos, Navi and Arbor Capital. I led the turnaround of Infracommerce (BVMF: IFCM3), from Pátria Investimentos' entry to the sale to Geribá Investimentos. And I led the unification of sales and marketing at Deal Group, a technology company leading ISG's AI quadrant, with operations in Brazil, Europe, Africa and the United States.

Each cycle left a different layer: building from scratch, scaling with institutional capital, operating in crisis and executing in several countries at once.

Knowledge that circulates

Alongside that, I've always believed knowledge needs to circulate. I taught MBA courses at UNICAMP, FGV, ESPM, Impacta and FIAP, in e-commerce, go-to-market, cross-border and digital business. I've also advised startups on growth and sales, including Trinio, Retail Hub and portfolio companies of Confi, founded by Pedro Chiamulera, creator of ClearSale.

Now: Accrua

The most ambitious chapter began with Accrua, which I founded and lead as CEO. In recent years, I've immersed myself in Brazilian private healthcare: payer contracts, denials, auditing, the TISS standard and the path every claim takes between patient discharge and cash in the bank. It's a sector where hospitals deliver care today and wait more than 70 days to get paid, with part of their production contested on first review.

At Accrua, we combine AI-native technology, a team specialized in billing and auditing, and capital to take over hospitals' revenue cycle end to end. The writing on this page is part of that deep dive: what I'm learning, measuring and building for Brazilian private healthcare.

Our mission

Giving hospitals back the revenue that is rightfully theirs

Hospitals shouldn't lose revenue because their infrastructure stood still. Accrua rebuilds the systems modern healthcare runs on and gives back efficiency, predictability and financial results.

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