What We Do
Through our revenue cycle management services, ACS-PASC provides healthcare organizations assistance with large-volume accounts receivables (A/R) reduction projects, A/R conversion projects, full business office outsourcing, ongoing self-pay and insurance-extended business office projects, and bad debt projects.
We are one of the nation’s largest organizations specializing in outsourced healthcare A/R management, and we manage one of the largest acute care self-pay A/R processing centers in the United States.
Services
The billing and collection cycle for healthcare organizations is costly, fragmented, and labor-intensive, resulting in low collection rates, aged accounts, bad debts, and massive write-offs.
We’ve found that hospitals and physician practices leave 10-20% of their revenues on the table due to uncollected patient bills and insurance reimbursements. This not only impacts an organization’s ability to manage short-term cash flow, but critically risks its ability to support long-term capital initiatives, such as construction of new buildings, investments in technology, or funding additional services to positively impact the lives of those in the community.
ACS-PASC’s revenue cycle management services include:
- Conversion Assistance – Maintains cash flow by managing the A/R of your patient management system while your organization converts to a new system.
- Extended Business Office (Insurance Early-Out) Services – Boosts cash flow by performing A/R follow-up on a portion or all of your organization’s accounts, whether as an ongoing part of your business services or as a one-time clean-up project.
- Self-Pay Services – Accelerates cash flow by processing patient statements and phone calls for all self-pay accounts and balance-after-insurance accounts; offers online bill payment capabilities; provides services transparently as an extension of the hospital business office.
- Bad Debt Services – Maximizes cash recovery by working unresolved, aged, and unpaid self-pay accounts while maintaining your positive public image in the community.
- Full Business Office Outsourcing – Fully integrates all of your revenue cycle functions into a streamlined, more effective module.
Results
As one of the nation’s largest organizations specializing in outsourced healthcare A/R, we attribute our success to unfailing data integrity, superior process methodologies and our commitment to improving client performance.
Some of the biggest names in healthcare trust their revenue cycle management to ACS. We perform RCM services for major systems and medical centers, standalone hospitals and physician practices.
For more information about our Revenue Cycle Management services, contact us.
|