Revenue Recovery Services
As the number of managed care contracts continues to rise, and the language in those contracts grows in complexity, tracking claim underpayments and denials of claims becomes more difficult. This generates revenue leakage for both hospitals and physicians. Underpaid or improperly denied claims from payers causes healthcare providers to lose millions of dollars each year.
When you invest in the ClearContracts system to simplify the task of tracking and recovering lost dollars due to contract underpayments, you’ll find that it’s the best solution available in terms of software and a variety of services. Concuity combines its ClearContracts system with the industry expertise of our Recovery Services teams to provide focused attention to claim underpayments, denials and "Silent PPOs".
“We found Concuity’s delivery model to be extremely flexible, allowing us to meet our aggressive revenue objectives without having to increase resources or go through an extensive IT implementation.”
Bill Douglas Chief Financial Officer, Riverside Medical Center
Our focus on the Revenue Cycle drives bottom line profitability throughout the enterprise. ClearContracts™ is designed to help you identify and correct your contract revenue challenges. Additionally, we’re also able to supplement your operational, collection, or business office staff with our Recovery Services Team. Through this partnership your staff can take full advantage of our contract and denial management solutions to automate and streamline collection efforts.
Enhance Your Bottom Line
Our Recovery Services Team delivers, in conjunction with our technology, industry-specific business intelligence resulting in "best practices." The Recovery Services Team can steer you from you’re current processes to the point to which you are fully up to speed with our contract management and revenue cycle solutions. During integration processes, the Recovery Services Team can educate your collectors on how to maximize contract management and denial management solutions to collect as much as possible to enhance your bottom line. This unique combination of technologies and services is designed to help you achieve an immediate return on investment.
Benefits
Whether you are an existing customer experiencing staffing challenges, or a new customer wanting to recognize a more expedient return on investment, Concuity’s Revenue Recovery Services Team delivers measurable benefits.
- Recover cash from inaccurately paid accounts
- Educate customer staff on how to maximize ClearContracts
- Identify systemic issues causing inaccurate payments (documented and communicated via ClearContracts)
- Recommend how to fix systemic revenue-blocking issues in contracts or operations
