«“Their software discovers hard to find billable items.”»
Michael Bruno-Sr. VP Finance, Continuum Health Partners, Inc.
We find billable accounts…you do not refer accounts to us. Finding the marginal, difficult-to-get revenue is our core business.
RTech focuses on the large number of accounts that for some reason, never have the right information to get billed correctly and ultimately go unpaid. Most seasoned hospital finance professionals know, that insurance information obtained at various points in the revenue cycle process can be imperfect. Despite all levels of internal and external effort, often in a “patient unfriendly” manner, you just can’t get the right information to bill. RTech’s highly developed, proven “Tech Sweeps” link our expert billing and regulatory knowledge, numerous logic-based relationships and advanced-state, proprietary software which enables us to search millions of accounts and patient histories to discover the difficult, hard-to-find insurance information. And we do it fast. This process has yielded our clients millions of dollars in third party payments. Many of such accounts would have been permanently time-barred, resulting in bad debt write-offs, timely filing denials and most important…lost revenue.
We can cite so many examples where outside agencies have failed to uncover correct, billable information such as the right payor and policy number on an account only to have the RTech Sweep find it….minutes after we set off our software queries. Of course the final account list given to the client for billing is validated through the payer’s database and verified by our analysts to be sure that our client’s staff is not working the account. This process saves time, account handling costs and also lowers the A/R balance. And, you only pay RTech for the retrospective value…there is no fee for the future value!
The Tech Sweeps offer you the ability to find unknown, essential insurance information across your entire past and recent account history.