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The no-risk way to easily reclaim missing revenue for your healthcare system
Funding Advisors Claims Recovery is a revolutionary solution that offers hospitals, healthcare systems, group practices, surgical and specialty centers, laboratories and emergency response departments one seamless process to ensure optimal reimbursement and decrease operational expenses through more efficient workflow – ultimately protecting your bottom line.
An estimated $125-$150 BILLION is lost by healthcare organizations & practices each year due to underpaid & improperly denied claims
HOW IT WORKS – 4 SIMPLE STEPS
1
Kick-off Call
All project stakeholders, along with our Recovery Services Team, will work through the project check-list and determine an agreed-upon timeline for data & contract retrieval
2
Implementation
Our Recovery Services Team can work either remotely or on-site to retrieve all the data & contracts necessary for analysis. A timeline for analysis completion will be established after data retrieval has concluded
3
Analysis
Payment integrity analysis that examines 835 and 837 data sets, contracts and fee schedules to identify underpayments on accounts that have been closed and written off as "paid in full" or "paid according to contract"
4
Appeals, Reconsideration & Recovery
Recovery efforts are worked by a team of highly skilled and specialized data experts, analysts, claims recovery specialists and legal authorities with regard to contracts and healthcare
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