Cost containment is forcing health insurance carriers to come up with reimbursement packages that are tighter and more restrictive.
The end result of these contracts is that the insurance carrier denies your claims and the patient becomes responsible. We see, and will continue to see, higher deductibles, and coinsurances, along with a greater number of non-covered services that will impact the pattern of payments to your facility and increase your self-pay portfolio. Efficient management of your self-pay accounts receivable is more important now than ever before. The staff at CAC can help with the task of keeping accounts receivable in control while containing costs and maintaining collections.
Tap into the capital tied up in your accounts receivable and quickly improve your cash flow through our time directed settlement programs. Our settlement solutions will create an influx of cash and promptly reduce your number of outstanding accounts. Give us a call to free up staff time, reduce A/R days, and get you focused on the big picture.