Imagine if your revenue jumped by 15% or more overnight. Many businesses don’t realize that they can get back money they thought was lost. This means unexpected funds could show up in your account. Denials can be overturned through appeals or corrections, which means the provider might still be able to recover the amount. It might sound too good to be true, but let’s see how it’s possible.
We understand where you’re coming from.
According to the Kaiser Family Foundation, 57% of U.S. adult citizens owed healthcare debt in the past five years.
We don’t claim to know everything but we have mastered a few things and that is the full financial picture for Hospitals, Nephrology, Dialysis Facilities, General Surgery, Orthopaedics, Laboratory, Oncology and Anaesthesia.
Backed with our advanced technology and expertise, on average we’ve seen a reduction in claim denials by 35% or more resulting in timely payments and reduced provider burden
Over the past three years, hospitals have faced a staggering increase in revenue loss due to bad debt:
These financial pressures have led to the closure of over 130 rural hospitals in the U.S. since 2010, a trend that has continued into 2023. The impact on healthcare organizations is severe, threatening their ability to operate and serve communities effectively.
We start with understanding your immediate and long term challenges, focusing on how to get your money as quickly and safely as possible.
Armed with 40 years of experience, we use proven techniques to address your concerns without the hassle of dissecting insurance demands.
With easy-to-access reporting and executive summaries, your revenue will be uncomplicated, compliant and sustainable for years to come.
We know you have tried everything to receive the reimbursment you deserve. Yet still find yourself having to write off a good portion of your hard earned money.
There is good news, we have more tricks up our sleeve
More payers are denying appeal letters which has made it difficult for providers to justify their billing.
The payer reps at times are so bogged down with work that they cannot put the time and energy into your practice.
Even with a representative on the phone, it can be difficult to get the resolution you need.
Many try and resubmit the claims with modified codes in hopes of getting paid something but still to no avail.
Schedule your free consultation with an RCM Strategist to understand how to effectively manage your revenue cycle processes.