How Many Times Does Your Staff Handle Each Claim?

Are 'Trouble Claims' Being Ignored?

Which Claims Haven't Had A Carrier Response?

Are You Giving Your Money Away to the Insurance Carriers?

    Backlog Accounts Receivable are the claims in your system that are 90 days old or older. The older the claims get, the less chance that they will be paid by the carriers. Unless your practice doesn't need the money, wouldn't you rather have it in your bank account?

    Physicians Financial has successfully recovered insurance benefit payments from accounts up to 3 years after the date of service. Physicians Financial's efforts have yielded millions of dollars to our clients, on claims that they had written off!

Carrying Unpaid Accounts Receivable Creates Problems

• Claims are seldom resolved, and the benefits are lost.

• Patients cannot be properly billed for their share.

• Errors are repeated with newer claims, perpetuating the problem.

• Overhead of the billing department increases as staff has to handle the same claim over and over.

• Difficult claims are ignored and never resolved.

• Improve the efficiency of your staff by streamlining operations.

The Program & Costs

   The fees for Physicians Financial's Backlog Recovery program are based on a number of factors: Ave Claim Size, Total A/R Outstanding, and the manner by which the information can be transferred to Physicians Financial's system. Typical fees range from 25% to 50% of the net recovery - all fees are based upon performance!

Benefits of a Backlog AR Recovery Program

• Increase Cash Flow!

• Resolve Unpaid Accounts Receivable.

• Decrease Burden on Staff.

• No Up Front Fees!