First-Party Collections To Fortify Your Revenue Cycle
The size of your company doesn’t have to be detrimental to your revenue cycle.
Payment collection services settle patient accounts swiftly and completely.
The size and structure of a healthcare facility can severely impact its collections process. Keeping track of patient collections is challenging when you don’t have the infrastructure, technology, or personnel to carry out the task. Patients can avoid attempts to collect and negatively affect the long-term success of your company.
However, you don’t have to orchestrate collections efforts alone. Horizon Healthcare RCM supports healthcare providers nationwide with revenue-enhancing services that promote optimal generation while creating a productive and flexible work environment for your organization.
As an accounts receivable agency, our services are headed by an experienced team specializing in medical billing and patient payment. We work closely with you to build a lasting and fruitful relationship. You have direct contact with our professionals throughout the process as we use high-quality investigative software to determine the propensity to pay and maintain positive relations with the client.
The key to elevating revenue cycle processes is sharing common values and goals. Horizon Healthcare RCM supports healthcare providers with innovative technology that help create a productive and efficient work environment for clients.
Quality healthcare service doesn’t end with medical treatment. If patients don’t feel they can navigate your payment process confidently, you may end up with dissatisfied patients who feel alienated and hesitant to settle their account balances.
Horizon Healthcare RCM provides you with the resources to ensure you meet patient payment preferences and avoid restricted cash flow and revenue shortfalls. We’re revenue cycle professionals with the tools to support multiple payment options that empower your patients to pay how they want.
Our extended business office (EBO) services expand your collections efforts and reinforce your health system. The advantages of our solutions include:
Horizon Healthcare can help you make debt collections a rarity with our early-out healthcare services. With an early-out program, you can prompt patients to pay their balances through flexible payment options with excellent and consistent communication. Using a solid early-out program makes working with a third-party collections agency unnecessary.
Our recovery of after-insurance medical bills strengthens your revenue cycle and helps your patients work toward paying off their accounts proactively. We deal with accounts as young as 30-days old, ensuring your patients understand their debt and have the opportunity to pay their medical bills conveniently—be that over the phone, online, or through the mail.
As an added advantage, our early-out collection team applies their experience with insurance to inform patients of their debt balances and help them navigate their insurance plans. Whether you’re a small business or a larger healthcare facility, we strive to create a self-pay account strategy that suits your core objectives.
Our services are expansive and include:
Horizon Healthcare RCM offers prior authorization services to streamline your revenue cycle processes and forge a direct path to reimbursement.