Synergy can collect your oldest insurance balances before they become bad debt. Read more to learn how.
The global pandemic has wreaked havoc on community health centers. It has caused a massive back-logs of denied claims and increased A/R balances. The result has been less cash on hand and increases to bad-debt write offs.
What once was lost now is found.
Synergy’s A/R Recovery service is 100% performance based. On a contingency basis, we analyze your oldest patient accounts greater than 90-days. We start by gathering claim status information about each account. We then scan your self-pay accounts to look for alternate insurance coverage. The final step is resolving any claim errors and collecting payment from insurance.
Each month you’ll receive a dashboard that shows why the visit or claim wasn’t previously paid and recommendations to improve your billing process. The outcome is previously discarded balances are converted to bottom line revenue.