Healthcare Finance. Partnering with healthcare providers to deliver lien receivable management.
|
|
- Colin Simon
- 8 years ago
- Views:
Transcription
1 Healthcare Finance Partnering with healthcare providers to deliver lien receivable management. MedBanker HealthCare Finance (747) 900-BANK [2265]
2 Our Services MedBanker is the top solution for lien-based accounts receivable reimbursement Plaintiff Medical Plan A Plaintiff Medical Plan (PMP) is an alternative reimbursement source to traditional health insurance. Medical providers accepting PMP are able to treat uninsured accident victims while eliminating the risk of reimbursement. A/R Servicing How much does your practice have in outstanding receivables? If you are unsure of the answer to that question, A/R Servicing may be the right option for your facility. Leverage our servicing support model to organize and retrieve your outstanding accounts receivable. We only get paid on payments received. A/R Advance Similar to traditional accounts receivable factoring, an A/R Advance provides the flexibility of immediate cash-flow without requiring the transfer of receivable ownership. A large percentage of projected receivables are advanced prior to the maturity date. The remainder of the A/R is released at the time of payment, minus a small advance fee. *Non-Recourse Funding - MedBanker takes on 100% of the risk of collecting the receivables MedBanker HealthCare Finance (747) 900-BANK [2265]
3 Our Services Plaintiff Medical Plan Medical coverage for the uninsured or underinsured accident victim Provider Coverage Hostpials Ambulatory Surgical Centers Orthopedists Imaging Centers Physicians Practices Pain Management Centers Urgent Care/ Clinics Large Heathcare Systems Chiropractic Centers Home Health Care Long-term Care/ Rehab Facilities Specialty Physicians Many more... Treatment Coverage Arthroscopy Videofluoroscopy Spinal Fusion Spinal Injections/ Pain Management Laminectomy/ Laminotomy Imaging Studies (MRI/CT) Rahabilitation Traumatic Brain Injury (TBI) Orthopedic/ Neurological & Spine Surgery Outpatient & Inpatient Surgery Procedures Medical Implant Devices Many more... Case Coverage Personal Injury Workers Compensation Motor Vehical Accident (MVA) Slip & Fall Product Liability Catastrophic Accident Premises Liability Dog Bite Pharmaceutical FELA Jones Act Pedestrain Accident Harmful-Toxic Environment Many more... BENEFITS FEATURES Instantly increase working capital; No more waiting years for personal injury or workers compensation cases to settle. Eliminate risk of non-payment, reduced payment or slow payment due to case dismissals and attorney negotiations. Non-recourse payment, meaning, if the lien is non-collectable, we assume the loss and you keep your money. Eliminate collection costs; No more expensive and complicated A/R tracking software, salaries for billing departments, outsourced collections, hassle of case follow-up, lien negotiations and bad debt. Predictable cash-flow when assigning new A/R; instantly sell your A/R at a predetermined fixed rate to balance cyclical receivable fluctuations. Use the money however you choose; fund operations, invest in new technologies, expand services, continued education, purchase medical equipment. Increased productivity; spend your time doing what you do best, treating patients. Let us deal with the paperwork. No interest rate or loan No fees of any kind Guaranteed highest payout; or we ll send you a $100 Visa Gift Card Faster Funding; returning customer can receive funds in as little as 4 hours! No upfront costs Patients are never contacted No cost to patient Strengthened attorney relationships No minimum or maximum bill amounts Single liens or bulk portfolios Fast & easy application. No obligation Free receivable appraisal
4 3fdfdf A/R Servicing Challenges: In today s environment, hospitals are not able to address and keep up with many revenue cycle issues, such as: Technology system upgrade costs and restraints Overwhelmed collections department Underperforming attorney negotiation settlements Unorganized receivable tracking processes Solution: MedBanker has built a master servicing management model which addresses each of the challenges through a proprietary software, which identifies and segments each case account into pre-defined recovery categories utilizing attributes pulled from public records and historical attorney data. Any account that is truly uncollectable is returned to the client as a bad debt write off, giving our in-house servicers the most efficient accounts to work, resulting in above average industry results. Once the accounts are categorized, they are assigned to one of our certified staff members who are experts in that specific category of servicing. Servicing waterfall process: 1) Obtain the most up to date attorney contact information utilizing a blend of web crawling automation and manual research 2) Contact attorneys utilizing an automated mail merge to limit human error, increase efficiency, and create a powerful 5-touch drip case status aggregation campaign, including; Fax blasting status forms, Website contact form submissions, Formalized including web based and fillable PDF status form, Formalized postal mail status letter & form, and Follow-up phone call 3) Founded by personal injury attorneys, MedBanker leverages existing relationships with the leading PI attorneys to ensure lien negotiations are handled properly to maintain your attorney network and yield higher returns Understanding your portfolio: Approx. 90 days after servicing begins, you will receive: 1) insight into the forecasted timing of received satisfied payments 2) Insight into the Risk Adjusted Estimated Case Value for full or partial cash-out 3) We will provide weekly and monthly recovery reports, follow-up and case status reports, along with client web access for immediate update on any account. Price: Our servicing product is designed to align our interests by assessing a servicing fee of 18% on only what is recovered. All other accounts will still receive: 1) Updated attorney contact information (Law Firm, Attorney, Paralegal/ Case Manager, Phone, Fax, , Mailing address) 2) Individual case research 3) Organization of case status (settled, pending, case closed, in trial etc.) 4) Enhanced attorney relationships and referrals from attorneys already existing in the ever expanding MedBanker network.
5 A/R Advance Factoring is a financial transaction in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) for a predetermined factor fee. In "advance" factoring, the business owner sells his receivables in the form of invoice to the factor, who makes an advance of 70-80% of the purchase price of the receivable amount. The factor collects the full amount from the customer in due course and pays the balance amount due to the business owner after deducting commission and/or other charges TO ILLUSTRATE THE PROCESS: 1. YOU SUBMIT A CLAIM TO US THAT IS ESTIMATED TO COLLECT $ WITHIN 72 HOURS WE WILL ADVANCE YOU $75 (75% ADVANCE) ON THIS CLAIM. 3. IF THE CLAIM IS PAID BY THE INSURANCE PROVIDER WITHIN 30 DAYS WE WILL BE ENTITLED TO OUR ADVANCE ($75) PLUS OUR FACTOR FEE (2% OF $100 = $2.00) AND SEND THE REMAINDER ($23) TO YOU. *This option provides immediate cash-flow without requiring to sell the accounts receivable for a one-time discounted purchase price while remaining affordable due to equally distributed risk across both parties. Conventional high interest rate business bank loans have become a thing of the past for healthcare providers with the recent availability of accounts receivable advances. MedBanker HealthCare Finance l l (747) 900-BANK [2265]
6 Why work with MedBanker Healthcare Finance? Our mission is to deliver the highest value credit-free financing to support the sustainability and growth of medical providers, our clients. We facilitate business growth by connecting and funding providers, patients and attorneys. Transparency, efficiency, privacy and reliability are our cornerstones. 1. Unlimited Funding Capacity - MedBanker is the one stop institution for portfolios of all sizes, including our Micro-financing Program for transactions less than $5,000, or our $25 million + Jumbo Plus program. We offer a wide array of flexible products to customize a tailored solution to your needs. 2. Trusted Experience - MedBanker is backed by the largest assorted receivables purchasing companies, collectively providing liquidity to holders of deferred payment obligations of over $17 billion since Partner with a company like MedBanker that has the experience and financial strength to facilitate transactions for you for years to come. 3. Giving Back - Our Change for Change program will donate $.10 for every $100 of receivables purchased to the organization of your choice. You will receive quarterly reports on the total contributions made to date. 4. Guaranteed best payer - We are so confident that we will get you the best price that we will put our money where our mouth is. If you receive a better offer, send it to us and we will send you a $100 Visa Gift Card 5. Built for speed - Our streamlined funding process is designed to ensure that every step from click to cash is either optimized for efficiency or eliminated altogether. Returning clients can receive funds in as little as 4 hours due to less required information which is why it's our mission to achieve 100% client satisfaction for on-going receivable management. 6. Relationships are everything - We understand that your network of healthcare providers, attorneys and patients comes first. Our goal is to assist this network with liquidity to ensure the best possible outcome for all parties. A relationship manager will be assigned to every file to ensure a consistent customer experience. MedBanker HealthCare Finance l l (747) 900-BANK [2265]
In-House vs. Outsourced?
WHITE PAPER In-House vs. Outsourced? Best Practices in Injury Claims Revenue Cycle Management 2 In-House vs. Outsourced? Table of Contents Executive Summary 3 What an Injury Claims Specialist Provides
More informationMEDICAL LIEN FUNDING. A debt-free alternative to bank financing DIRECT FUNDER OF HEALTHCARE RECEIVABLES
MEDICAL LIEN FUNDING A debt-free alternative to bank financing DIRECT FUNDER OF HEALTHCARE RECEIVABLES SECURE IMMEDIATE WORKING CAPITAL MEDSTAR OVERVIEW MedStar Funding specializes in the purchase of current
More informationMedical Reimbursements of America. Get Paid MORE for Accident Claims.
Medical Reimbursements of America Get Paid MORE for Accident Claims. 1 Now, there s a better way to manage Accident Claims. Accident Claims Management 2 3 Reimbursement Pressure is Accelerating. The Pain
More informationUNDERSTANDING YOUR PROPERTY DAMAGE CLAIM
UNDERSTANDING YOUR PROPERTY DAMAGE CLAIM A LET US EMPOWER YOU This brochure will empower you with the knowledge and tools necessary to complete your own property damage claim. One of the biggest inconveniences
More informationWorkers Compensation Claims Services Favorable Outcomes for Employers and Employees
Workers Compensation Claims Services Favorable Outcomes for Employers and Employees Medical Case Management Resources Preferred Medical Provider Networks Nurse Case Managers Pharmacy Benefit Management
More informationPractice medicine not management
Practice medicine not management Maximize your collections Reduce your time to payment Significantly improve your cashflow Spend more time with your patients Physicians Group Management One of the biggest
More informationCase Strategies for Personal Injury Cases where Plaintiff has Inadequate Health Insurance or is Denied Coverage
Case Strategies for Personal Injury Cases where Plaintiff has Inadequate Health Insurance or is Denied Coverage Help your Client get the medical care they need NOW! Help your firm fight to the finish!
More informationCHAPTER 17 CREDIT AND COLLECTION
CHAPTER 17 CREDIT AND COLLECTION 17101. Credit and Collection Section 17102. Purpose 17103. Policy 17104. Procedures NOTE: Rule making authority cited for the formulation of regulations for the Credit
More information(404) 919-9756 david@davidbrauns.com www.davidbrauns.com
You are probably reading this guide because you were recently in an automobile accident. Now you are faced with some difficulties. The tasks of managing your care and your insurance claim can be confusing
More informationAVANTGARD PREDICTIVE METRICS WHITE PAPER HOW STATISTICAL MODELS CAN HELP NAVIGATE THE FUTURE OF MEDICAL DEBT COLLECTIONS
AVANTGARD PREDICTIVE METRICS WHITE PAPER HOW STATISTICAL MODELS CAN HELP NAVIGATE THE FUTURE OF MEDICAL DEBT COLLECTIONS Introduction In the US, providers are seeing their debt accumulate due to regulation
More informationOptimizing Third Party Recovery
Optimizing Third Party Recovery Elizabeth Richards, Esq. Cathy Dougherty, FHFMA Clinton A. Harkins, P.C. Objective: Explore how an effective Third Party Accident Reimbursement program can contribute to
More informationHow to Select a Lawyer by J. Sherrod Taylor
How to Select a Lawyer by J. Sherrod Taylor Persons with traumatic brain injury (TBI) and their families must make many important decisions in the early days following injury. One significant decision-that
More informationBlyss Chiropractic, 111 SW Columbia, Suite 100, Portland, OR 97201
Patient Name: Date of Birth: Page 1 of 7 Patient Name: Date of Birth: Page 2 of 7 Patient Name: Date of Birth: PAIN DRAWING SYMPTOM RATING SCALE Ache
More informationMeasurable Results: Establish service excellence. Reduce errors by 50% The choice for progressive medical centers.
The choice for progressive medical centers Delivering tailored solutions to modern healthcare organization complexities by integrating a unique blend of strategies with wide-ranging industry experience.
More informationThe Michigan Auto Insurance Report
The Michigan Auto Insurance Report The Inside Secrets To Buying Auto Insurance" By: Daniel L. Buckfire Michigan s No-Fault Insurance Lawyer Call Toll Free: (800) 606-1717 www.buckfirelaw.com www.freeautoinsurancereport.com
More informationUniversity Healthcare Administrative Policy
Page 1 of 6 APPROVED BY: Signatures on File FINANCIAL POLICY (UH) is a not-for profit teaching hospital committed to providing quality health care services. In order to provide necessary medical services
More informationBuyer Beware. Things To Know About Buying Car Insurance In Washington State. By Christopher M. Davis, Attorney at Law
Buyer Beware Things To Know About Buying Car Insurance In Washington State By Christopher M. Davis, Attorney at Law Davis Law Group, P.S. 2101 Fourth Avenue Suite 630 Seattle, WA 98121 206-727-4000 Davis
More informationCLAIM FORM REQUIREMENTS
CLAIM FORM REQUIREMENTS When billing for services, please pay attention to the following points: Submit claims on a current CMS 1500 or UB04 form. Please include the following information: 1. Patient s
More informationEmpowering healthcare organizations with data, analytics and insight
Empowering healthcare organizations with data, analytics and insight Integrated patient access, claims and contract management and collections products and consultative services for redefining your healthcare
More informationAdditional information about the Corporation and its annual information form are available on SEDAR at www.sedar.com.
MANAGEMENT S DISCUSSION AND ANALYSIS OF CONSOLIDATED FINANCIAL CONDITION AND RESULTS OF OPERATIONS FOR THE THREE MONTHS AND YEAR ENDED DECEMBER 31, 2014 March 18, 2015 The following Management s Discussion
More informationEMDEON PATIENT CONNECT TM
EMDEON PATIENT CONNECT TM Patient Billing & Payment Solutions for Channel Partners Simplifying the Business of Healthcare Discover the Power of an Emdeon Partnership A seismic shift is underway. Patients
More informationWHITE PAPER The Hidden Complexity of Accident Claims Management. Why it might not make sense to bring it in-house
WHITE PAPER The Hidden Complexity of Accident Claims Management Why it might not make sense to bring it in-house Ensuring proper management of accident claims is a highly complex process that requires
More informationCOMPENSATION: A highly competitive commission structure. There is more information about commissions on page 6.
1 Case Funding: Who We Are Case Funding is one of the nation s leading legal finance specialists and has been providing financing solutions for attorneys and plaintiffs for over ten years. We were acquired
More informationAmerican Express Study of Health Systems Payments. An Analysis of Healthcare Expense Management
American Express Study of Health Systems Payments An Analysis of Healthcare Expense Management 2 Introduction from American Express Healthcare companies are rapidly transforming in order to maintain profitability,
More informationour group Mission Overview Offering
ABOUT OUR COMPANY Mission Infrahealth is dedicated to offering cost-effective infrastructure solutions tailored to achieve maximum results for healthcare professionals. We are focused on delivering medical
More informationGranville Health System
Approved by: Granville Health System FINANCIAL POLICY Effective Date: Revised Date(s): FINANCIAL POLICY - DRAFT 09-16-2014 Granville Health System is a not-for profit hospital committed to providing quality
More informationDepartment: Finance Effective Date: 04-01-1999 Dates Reviewed: 6-18-2015 Dates Revised: 6/18/2015
Financial Assistance Policy Manual Policy Title: Charity Care Department: Finance Effective Date: 04-01-1999 Dates Reviewed: 6-18-2015 Dates Revised: 6/18/2015 CHARITY CARE POLICY: Buchanan County Health
More informationFLORIDA PERSONAL INJURY PROTECTION
POLICY NUMBER: COMMERCIAL AUTO CA 22 10 01 13 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. FLORIDA PERSONAL INJURY PROTECTION For a covered "auto" licensed or principally garaged in,
More informationWorkers Compensation Claims Services Favorable Outcomes for Employers and Employees
Workers Compensation Claims Services Favorable Outcomes for Employers and Employees Medical Case Management Resources Preferred Medical Provider Networks Nurse Case Managers Pharmacy Benefit Management
More informationTransformational Data-Driven Solutions for Healthcare
Transformational Data-Driven Solutions for Healthcare Transformational Data-Driven Solutions for Healthcare Today s healthcare providers face increasing pressure to improve operational performance while
More informationEAST TEXAS MEDICAL CENTER REGIONAL HEALTHCARE SYSTEM CHARITY CARE & UNINSURED PATIENT POLICY
EAST TEXAS MEDICAL CENTER REGIONAL HEALTHCARE SYSTEM CHARITY CARE & UNINSURED PATIENT POLICY I. POLICY By virtue of their exemption from federal and state taxes and as a part of their mission to serve
More informationApple Capital Group, Inc.
COMMERCIAL FINANCE Commercial finance typical revolves around what are considered the assets of your business and are often called "asset based loans". The assets of your business are things such as your
More informationFINANCIAL ASSISTANCE / UNINSURED DISCOUNT POLICY
Tuality Healthcare Corporate Operational Policy O-91 TITLE: FINANCIAL ASSISTANCE / UNINSURED DISCOUNT POLICY POLICY OBJECTIVE To ensure that Tuality Healthcare meets its community obligations to provide
More informationInsurance Authorization Process Inefficiencies & Opportunities
Insurance Authorization Process Inefficiencies & Opportunities INTRODUCTION Medical practices, hospitals, and health systems are losing substantial money and business to inefficient and costly insurance
More informationOverview of Financial Solutions
Overview of Financial Solutions The Etra Advisory Group provides solutions to businesses for growth, expansion, cash flow, refinance and acquisition. We cover the world of business financing that banks
More informationWHITE PAPER: A ROAD MAP FOR SIMPLIFYING MOTOR VEHICLE ACCIDENT CLAIMS AND MAXIMIZING REVENUE RECOVERY
A ROAD MAP FOR SIMPLIFYING MOTOR VEHICLE ACCIDENT CLAIMS AND MAXIMIZING REVENUE RECOVERY OVERVIEW Motor Vehicle Accident (MVA) claims are complex, time consuming, and often unprofitable unless handled
More informationAre Injured in a Car Accident
How recent changes in the law will affect you. know your rights. auto accident basics. Being the victim of an auto, motorcycle or truck accident can be a frightening experience. You may find yourself injured
More informationProvider Solutions. Sutherland Healthcare Solutions
Provider Solutions Sutherland Healthcare Solutions What is your TRUE RETURN? 2 The financial strength you need to offer great patient experience today and tomorrow. Our healthcare experts are ready to
More informationSedgwick Answers Questions About Structured Settlements
Sedgwick Answers Questions About Structured Settlements structured settlements questions about structured settlements Structured settlements have been bringing insurers and employers a better way to handle
More informationProvider Solutions. Sutherland Healthcare Solutions
Provider Solutions Sutherland Healthcare Solutions What is your TRUE RETURN? The financial strength you need to offer great patient experience today and tomorrow. Our healthcare experts are ready to partner
More informationSurgical/ASC Claims Revenue Cycle Management: An Introduction to Our Processes and Protocols
Surgical/ASC Claims Revenue Cycle Management: An Introduction to Our Processes and Protocols 200 Old Country Road, Suite 470 Mineola, NY 11501 Phone: 516-294-4118 Fax: 516-294-9268 www.businessdynamicslimited.com
More informationWhat You NEED to a Car Accident
How recent changes in the law will affect you. Know YOUR Rights. Auto Accident Basics. IN THIS ISSUE Working with an Adjuster: What NOT to sign. Page 3 Medical Expenses: How will my initial medical expenses
More informationCHATUGE REGIONAL HOSPITAL AND NURSING HOME POLICY AND PROCEDURE FINANCIAL ASSISTANCE POLICY PURPOSE:
CHATUGE REGIONAL HOSPITAL AND NURSING HOME POLICY AND PROCEDURE FINANCIAL ASSISTANCE POLICY PURPOSE: It shall be the policy of Chatuge Regional Hospital, Inc. to establish a standard to determine the financial
More informationMAXIMIZING REIMBURSEMENT THROUGH COORDINATION OF BENEFITS
MAXIMIZING REIMBURSEMENT THROUGH COORDINATION OF BENEFITS D O U G L A S T U R E K S E N I O R V I C E P R E S I D E N T A L E G I S R E V E N U E G R O U P, L L C S H A R E H O L D E R T U R E K D E V
More informationBusiness Valuation Review
Business Valuation Review Do Professional Practice Buy-Sell Agreements Represent Fair Market Value? By: George B. Hawkins, ASA, CFA Deposition of Dr. Jones (A Divorcing Orthopedic Surgeon): I only paid
More informationPatient Billing. Questions/ Answers. Assistance Programs
Patient Billing Questions/ Answers Assistance Programs Table of Contents Patient billing: an introduction... 1 Patient financial responsibilities... 2 Our promise to you... 3 Frequently asked questions...
More informationTable of Contents. 1. What should I do when the other driver s insurance company contacts me?... 1
Table of Contents 1. What should I do when the other driver s insurance company contacts me?... 1 2. Who should be paying my medical bills from a car accident injury?... 2 3. What should I do after the
More informationCalifornia Hospital Billing and Collection Practices Voluntary Principles and Guidelines for Assisting Low-Income Uninsured Patients
California Hospital Billing and Collection Practices Voluntary Principles and Guidelines for Assisting Low-Income Uninsured Patients Adopted by the CHA Board of Trustees on February 6, 2004 California
More informationPortfolio Reviews: Unleashing the Power of External Data Sets and Predictive Analytics TRANSUNION WHITE PAPER TRANSUNION HEALTHCARE WHITE PAPER
TRANSUNION WHITE PAPER TRANSUNION HEALTHCARE WHITE PAPER Portfolio Reviews: Data-Driven Monitor for Risk, Healthcare Catalyst Decisioning: for Action By Ezra D. Becker, Director, Consulting and Strategy,
More informationHalifax Health provides emergency services to all patients, without discrimination, based on clinical need and not their ability to pay.
Department: Patient Business Financial Services Policy Title: Financial Assistance Programs Manual Section: Adm Effective Date: Reviewed Date: 08/201, 05/02/13 Approved by: Mnemonic: PBF Type: P Revised
More informationINTEGRATED PHYSICAL THERAPY a whole- istic approach to physical therapy
Patient s Name: D.O.B.: Age: Address: City: State: _ Zip Code: Home Phone #: Cell #: _ Business #:_ Social Security Number: E- mail Address: Referring Physician? _ How do you hear about us: Dr. Referral
More informationRevenue Cycle Assessment
Revenue Cycle Assessment Your Challenge Maintaining the status quo can be costly. As health care operating margins shrink, hospitals need to find efficient and innovative ways to capture and collect revenues.
More informationSTRUCTURES 101. History 101
STRUCTURES 101 History 101 1918 IRS enacted section 104(a)(2) of the Internal Revenue Code bodily injury claims are free of taxation. 1983 Periodic Payment Act of 1983 encourages the use of structured
More informationPhoenix Children's Hospital
Revenue Cycle Revenue Cycle Financial Assistance Effective Date: December 2003 Updated 06/07,02/08,5/09,9/10,12/10,4/13,1/14,2/15,12/15 RELATED FORM(S) 1. Patient Financial Evaluation 2. Financial Assistance
More informationM Simpson Associates
M Simpson Associates A Straight Talking Consultancy Business specialists with the ability to see through the smoke and get to the bottom line quickly Exclusive Business Insight from M Simpson 1 2 3 4 INVOICE
More informationFLORIDA PERSONAL INJURY PROTECTION
POLICY NUMBER: COMMERCIAL AUTO CA 22 10 01 08 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. FLORIDA PERSONAL INJURY PROTECTION For a covered "auto" licensed or principally garaged in,
More informationNo Hassle Medical Transcription
No Hassle Medical Transcription Complete Solution For Your Transcription Needs Taking the Hassle Out of Healthcare SM Intivia provides state-of-the-art dictation and transcription service to over 350 healthcare
More informationMETHOD TO THE MADNESS
METHOD TO THE MADNESS 10 payment collection strategies that work An e-book from Availity to help medical business professionals optimize payments to their organizations here s the deal If you ve found
More informationAUTOMOBILE ACCIDENT COMPENSATION ADMINISTRATION. Financial Statements and Independent Auditors Report. June 30, 2001 and 2000
AUTOMOBILE ACCIDENT COMPENSATION ADMINISTRATION Financial Statements and Independent Auditors Report Balance Sheets Assets 2001 2000 Cash and cash equivalents $ 5,175,507 $ 5,012,402 Collateral received
More informationPATIENT FINANCIAL RESPONSIBILITY STATEMENT
PATIENT FINANCIAL RESPONSIBILITY STATEMENT Thank you for choosing Medical Associates Clinic, P.C., as your healthcare provider. The medical services you seek imply an obligation on your part to ensure
More informationAvoid these 6 common mistakes at all costs while pursuing your car accident injury claim.
Avoid these 6 common mistakes at all costs while pursuing your car accident injury claim. The at-fault driver s insurance company may seem pleasant and reasonable, but make no mistake about it they are
More informationExtended Stay Recovery Centers: Enhancing the Patient Experience and Lowering Healthcare Costs
Extended Stay Recovery Centers: Enhancing the Patient Experience and Lowering Healthcare Costs Ambulatory Surgery Centers: Less than 24 hours Convalescent Care Centers: Up to 72 hours in Colorado; Proposed
More informationRevenue Cycle Management
Revenue Cycle Management Manage and Improve Your Results with Origin RCM Financial pressures are escalating for both healthcare providers and patients. In this challenging climate, a wellmanaged revenue
More informationScripps Health Financial Assistance Policy
Patient Accounts, Financial Assistance, including Charity Care, Hospital Services Purpose Scripps Health strives to provide superior health services in a caring environment and to make a positive, measurable
More informationHealthcare Debt Sales
Slide Presentation: Healthcare Debt Sales Tips to Boost Revenue and Effectively Manage Patient Relationships From Live Webinar on February 14, 2013 Healthcare Debt Sales: Tips to Boost Revenue & Effectively
More informationFinancial Assistance Program AKA Charity Care/Uncompensated Care Program
Policy POLICY NO. 100. 85300.600 EFFECTIVE 12/90 REVISED 03/2014 Page 1 of 12 SUBJECT: APPLICATION: PURPOSE: POLICY: Financial Assistance Program AKA Charity Care/Uncompensated Care Program All Departments
More informationStreamlining the Order-to-Cash process
Streamlining the Order-to-Cash process Realizing the potential of the Demand Driven Supply Chain through Order-to-Cash Optimization Introduction Consumer products companies face increasing challenges around
More informationTITLE: Patient Financial Services: Billing and Collections Policy for Self-Pay Accounts
POLICY and PROCEDURE TITLE: Patient Financial Services: Billing and Collections Policy for Self-Pay Accounts Number: 12910 Version: 12910.3 Type: Administrative Author: David Bixby Effective Date: 1/23/2013
More informationLAW: THE PAEDIATRIC PERSPECTIVE
LAW: THE PAEDIATRIC PERSPECTIVE More than one million Canadian and American children sustain traumatic brain injuries (TBI) each year. Many of these injuries occur in traumatic events e.g., motor vehicle,
More informationWhat is a Structured Settlement? Straight talk about structured settlements
Woodbridge Structured Funding LLC What is a Structured Settlement? Straight talk about structured settlements Learn more about structured settlements: Why settled personal injury cases are often paid out
More informationWhat is a Structured Settlement: WOODBRIDGE STRUCTURED FUNDING, LLC
2014 What is a Structured Settlement: WOODBRIDGE STRUCTURED FUNDING, LLC STRAIGHT TALK ABOUT STRUCTURED SETTLEMENTS WOODBRIDGE STRUCTURED FUNDING, LLC Learn more about structured settlements: Why settled
More informationPRESENTS. Top 5 Financing Options for Auto Repair Shop Owners
PRESENTS Top 5 Financing Options for Auto Repair Shop Owners TABLE OF CONTENTS Financing Options for Auto Repair Shop Owners 3 Unsecured Business Loans 4 Equipment Leasing & Financing 5 Business Line of
More informationAccident Injuries and Your Car Insurance
Personal Injury Wrongful Death Slip & Fall Automobile Accidents Trucking Accidents Motorcycle Accidents Medical Malpractice Criminal Defense Accident Injuries and Your Car Insurance Critical Details You
More informationOVERVIEW DATA SHEET. MedAct Overview Data Sheet
MedAct Overview Data Sheet MedAct delivers an integrated solution for your HME/DMEPOS that provides end-to-end coverage of all your business needs. From patient intake and purchasing to inventory management,
More informationOptimum Performance Physical Therapy, LLC
Optimum Performance Physical Therapy, LLC Patient Information: Name: DOB: SS# Address: Phone: (H) (W) (C) Sex: Male Female Marital Status: M S D W Email: Employer Name/ Address: Referring Physician: (P)
More informationNONPROFITS ASSISTANCE FUND FINANCIAL STATEMENTS YEARS ENDED MARCH 31, 2015 AND 2014
FINANCIAL STATEMENTS YEARS ENDED TABLE OF CONTENTS YEARS ENDED INDEPENDENT AUDITORS' REPORT 1 FINANCIAL STATEMENTS STATEMENTS OF FINANCIAL POSITION 3 STATEMENTS OF ACTIVITIES 5 STATEMENTS OF CASH FLOWS
More informationINJURY INFORMATION WORSHEET
APPENDIX A INJURY INFORMATION WORSHEET PATIENT INFORMATION Patient Name Contact Phone Today s DOB DOI HEALTH INSURANCE - PRIMARY Insurance Co. Name of Insured Benefits Phone# Insured SS# Insured DOB Policy
More informationFrom Challenge to Reimbursement Successfully Collecting on Third Party Liability Accounts is No Accident TAHFA Roadshow -- February 12, 2016
From Challenge to Reimbursement Successfully Collecting on Third Party Liability Accounts is No Accident TAHFA Roadshow -- February 12, 2016 1 Introduction The Challenges of Accident Accounts Specialized
More informationProtecting You and Your Family
Protecting You and Your Family What You Need to Know About Buying Car Insurance in California By Ross A. Jurewitz Injury Accident Attorney, Jurewitz Law Group Jurewitz Law Group 600 B Street Suite 1550
More informationPURPOSE: SCOPE: DEFINITIONS:
PURPOSE: To establish procedures regarding collection of patient accounts including external collection agencies and potential legal actions balancing the need for financial stewardship with needs of individual
More informationCommon Myths About Personal Injury and Wrongful Death Cases 1. By B. Keith Williams
Common Myths About Personal Injury and Wrongful Death Cases 1 By B. Keith Williams There are several myths about accident cases and the attorneys that handle them. It is important to keep these myths in
More informationLeveraging Predictive Analytic and Artificial Intelligence Technology for Financial and Clinical Performance
Leveraging Predictive Analytic and Artificial Intelligence Technology for Financial and Clinical Performance Matt Seefeld CEO & Co-Founder mseefeld@interpointpartners.com www.interpointpartners.com (404)446-0051
More informationAltium Structured Settlement Investments (SSI s)
What is an Altium Structured Settlement Investment or SSI? Altium SSI s are streams of court ordered cash payments, paid by an Insurance Carrier, the payer, to a plaintiff who won a personal injury lawsuit.
More informationCalifornia Orthopaedic Association SUMMARY 2012 WORKERS COMPENSATION REFORMS. 1 California Orthopaedic Association
2012 California Orthopaedic Association SUMMARY 2012 WORKERS COMPENSATION REFORMS 1 California Orthopaedic Association A deal crafted by labor and business came together in the last hours of the 2011-2012
More informationUSC NORRIS CANCER HOSPITAL KECK HOSPITAL OF USC OPERATING POLICIES
MANUAL: Patient Access POLICY #: Financial Assistance and Discount Policy PERSONNEL COVERED: AUTHORIZED APPROVAL: PAGE: 1 OF 10 PURPOSE To strive to be the trusted leader in quality health care that is
More informationWhere Healthcare Turns for Quality, Customer-Centric Focus and Savings
Where Healthcare Turns for Quality, Customer-Centric Focus and Savings CODING SERVICES Delivering the right people and technology Synernet is committed to quality in everything we do, from the training
More informationBasics of the Healthcare Professional s Revenue Cycle
Basics of the Healthcare Professional s Revenue Cycle Payer View of the Claim and Payment Workflow Brenda Fielder, Cigna May 1, 2012 Objective Explain the claim workflow from the initial interaction through
More informationHaving Trouble Explaining and Predicting Net Revenue?
Having Trouble Explaining and Predicting Net Revenue? Crowe Revenue Cycle Analytics Audit Tax Advisory Risk Performance The Crowe Revenue Cycle Analytics Solution As shown below in use by hundreds of hospitals
More informationProvider Revenue Cycle Management (RCM) and Proposed Solutions
Provider Revenue Cycle Management (RCM) and Proposed Solutions By: Ranjana Maitra General Manager, Manufacturing & Healthcare Vertical Executive Summary It takes more than world-class service to be competitive
More informationThe ProMAC Product Electronic Payment Financing. In-house Quoting, Underwriting, Closing, &
The ProMAC Product Electronic c Payment Financing In-house Quoting, Underwriting, Closing, & Funding 1 Preliminary Questions for the Business Owner Agent to Complete 1) When do they need the money by?
More informationC. This policy defines how AHC communicates to patients regarding amounts due for services rendered by AHC.
Facility: Advocate Health Care Title: Billing and Collections Policy Effective Date: 12/1/2015 Policy Procedure Guideline Other: Scope: System Site: Department: I. PURPOSE AND POLICY A. The fundamental
More informationMEDICAL BILLING AND PRE-FUNDING. Is Now The Time to Outsource Your Medical Billing? (877) 386-9728 NobilityRCM.com
Is Now The Time to Outsource Your Medical Billing? Is Now the Time to Outsource Your Medical Billing? Outsourced medical billing has come into favor as medical practices face newer problems thanks to changing
More informationKISTLER AGENCY, LLC. Lenders Reference Guide Summary of Programs for Your Institution
KISTLER AGENCY, LLC Lenders Reference Guide Summary of Programs for Your Institution 3400 Peachtree Road, Suite 1720, Atlanta, GA 30326 (P) 404.239.7022 (F) 404.239.7029 Email: tkistler@kistleragency.com
More informationFinancial Assistance Program 100-18
GWINNETT HOSPITAL SYSTEM ADMINISTRATION Financial Assistance Program 100-18 Original Date Review Dates Revision Dates 04/1987 01/2004; 03/2007 03/1989; 09/1989; 06/1994; 04/1998; 04/2001; 01/2004, 03/2007;
More informationConifer Health Solutions Tenet Investor Webinar
Conifer Health Solutions Tenet Investor Webinar May 16, 2012 Stephen Mooney President, Conifer Health Solutions 1 2012 Conifer Health Solutions, LLC. All Rights Reserved. Forward Looking Statements Certain
More informationThe state's collection procedures are detailed in the State Administrative Manual. Collection steps may include some or all of the following:
This report is submitted to meet the provisions of Government Code (GC) Section 13292.5, requiring annual reporting by the Department of Finance to the Legislature on the status of delinquent receivables
More informationInvoice finance made simple
Invoice finance made simple All you need to keep the cash flowing Your Invoice Finance Experts Your Invoice Finance Experts Contents This informative, easy-to-use guide has been put together to explain
More information::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
WAYS TO SAVE 6OUT-OF-POCKET COSTS AND HELP PAY FOR YOUR SURGERY When considering surgery of any kind, cost is often a critical factor in determining whether to have the procedure. But, it does not have
More informationFactoring. Turn your accounts receivable into immediate cash. www.creditbank.com
Factoring Turn your accounts receivable into immediate cash www.creditbank.com The 3 "S" Save time & money Streamline cash flow Secure cash collection What is Factoring? How beneficial is it for my business?
More informationThe Johns Hopkins Health System Policy & Procedure. SELF-PAY COLLECTIONS Revised 2/25/08 POLICY
Page 1 of 8 POLICY This policy applies to The Johns Hopkins Health System Corporation (JHHS) and the following affiliated entities: The Johns Hopkins Hospital (JHH), Johns Hopkins Bayview Medical Center,
More information