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HPS provides a full range of Medicare Reimbursable Bad Debt services from initial bad debt log preparation to retrospective reviews with expertise in crossover, charity and self pay bad debts. With our unparalleled research capability and AccuTrack™ software, we can estimate how much additional reimbursement you are owed on previously filed cost reports and provide a customized Medicare Reimbursable Bad Debt analysis. The RCM software from major providers doesn't have the granularity and functional processes to identify and collect the final 3-5% of reimbursable revenue. Capturing those incremental dollars requires a significant knowledge of the dynamic changes to Medicare and Medicaid, a close working relationship with all of the individual financial intermediaries, direct access to Medicare and Medicaid EDI feeds and access to data analysis engines to make faster and more informed recovery determinations. Additional complicating factors are that the necessary data to make these nuanced determinations comes from several departments, staffing requirements are increasingly demanding given turnover and the inability to bring full time and often timely focus to this effort. HPS Solution:
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HPS provides a full range of Medicare Reimbursable Bad Debt services from initial bad debt log preparation to retrospective reviews with expertise in crossover, charity and self pay bad debts.