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| Is
it time to review your self pay account follow up
process? |
| Having
Trouble Collecting the Patient Pay Portion of Your
Billing? |
| We
have the answer... |
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| Motivating patients
to pay sooner. |
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| Benefits
of FirstMed Contact: |
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FirstMed
Contact processes can yield up to 90% of the placements
when current accounts are provided. |
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Our
professional FirstMed representatives handle your
accounts with care. |
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Letters
and phone calls are done under your
company name. |
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Your
staff resources are free to work on other projects.
No more having to find the staff that is motivated
to make the first collection call. |
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Our
FirstMed software system allows us to handle the
variety of tasks that make it possible for a business
to keep the revenue process moving rapidly and keeps
administrative costs low. |
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The
FirstMed Contact process takes less than
one month to complete. |
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Outsource
Receivables is a complete medical billing
and medical asset recovery company with 30
experienced team members. We are experts in the
medical revenue cycle. |
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If
necessary, Third Party Collections continues through
Outsource Receivables Third Party Collection division. |
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All
of this for only dollars per an account. Ask about
our pre-pay packages. |
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| In days
gone by, many patients enjoyed 100% coverage, no deductible,
no pre-existing limitations, no maximum of benefits restrictions,
and low co-pays of only $10-$15 per visit. |
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| However,
today deductibles of $1000-$5000 are not uncommon. Neither
are $25-$40 co-pays, pre-existing condition limitations
and maximum benefit restrictions. All of this adds up
to only 60%-80% of a patient’s bill being paid
by insurance. Just sending patient statement reminders
doesn’t motivate the needed number of patients
to pay timely. |
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| What does all of
this mean for the health of your practice? Lost revenue. |
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| Medical providers
must shift to a retail model for their credit and collections
processes. Being successful in the new world of medical
self pay collections lies largely in early and consistent
contact with a patient. This is where FirstMed
Contact becomes an instrumental part of your revenue cycle. |
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| Not a pre-collect
program, FirstMed Contact is designed to intervene before
a patient’s account becomes past due and difficult
to collect. |
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Outsource Receivables, Inc. ®
3300 County Road 10, Suite 100
Brooklyn Center, Minnesota 55429-3064 |
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| Visit
our blog and social media pages: |
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| Website
by Saint
Croix Creative, Inc. |
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| Do
you want to get control of your medical billing and receivables? |
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| Please
provide us with some information about your needs to
begin the process. |
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