THIRD PARTY PAYOR PAYMENT PATTERN ANALYSIS

third-party-payor-700x400

Because the database we have designed for the Patient Accounts Receivable Financing Borrowing Base Calculation, or BBC Database, contains virtually 100% of all patient accounting activity (billing, collections, adjustments, etc.), it is a relatively simple matter to reorganize the data to prepare a comparative analysis of the historical payment patterns of all third party payors. In turn, this information can be used to either address weaknesses in the Hospital’s revenue cycle management or, with the advice of legal counsel, enable the hospital to demand “specific performance” on the part of individual payors to address non-compliance with contract payment terms.

  Uncategorized