Transforming Bad Debt into Revenue

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:

  1. Zeroing in on denial management
  2. Price transparency capabilities
  3. New technological tools
  4. 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.

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