4 Non-traditional approaches to mitigating write-offs and improving hospital collections
Multiple factors continue to fuel an increase in hospital bad debt, squeezing already-thin hospital margins and undermining financial stability.
Learn how the following four non-conventional approaches can reduce write-offs and improve collections:
- Zeroing in on denial management
- Price transparency capabilities
- New technological tools
- Pre write-off AR management
How can we help?
ParaRev specializes in AR recovery and resolution. We work as a virtual extension of your hospital central billing office to help you resolve and collect more of your insurance accounts receivable faster and help improve operating margins through a seamless and collaborative partnership with your internal team.