Accelerate patient communication for shorter billing cycles using our account resolution service.
Profit Recovery Service
Profit recovery is also referred to as “soft collection” and is used when clients unresponsive to the initial reminder(accelerator service) mentioned earlier. This service is used for due payments of over 120 days but less than a year. It can be seen as a repetition of the accelerator service but this time you get to choose between a 5 reminder letter contact or a 3 reminder contact and 2 live phone calls.
Patient Payment Accelerator
Most practices try their best to send out one monthly statement to the patients that are up to 30 days the due date and unfortunately sometimes nothing gets done until 90 days or even more.
With a passion for creating better business experiences and improved healthcare ( taking away the patient debt collection hassles from practices), we will increase patient communication with 3 reminder letters and 2 live phone calls on behalf of the practice.
We know it’s a lot of work to cater to patient care as well as the patients’ debt collection that is why we promise to be dedicated to our part allowing you to handle the part that matters most (patient care).
This service is a second round of collections for “high-risk” accounts that have been unresponsive to previous attempts. Though available at any time, this service is best used for accounts over 1 year old. TSI’s internal collections division will be in direct contact with these accounts including services such as skip tracing, asset discovery, and legal efforts.
Webinar: Accelerate Patient Debt Collection
PrognoCIS & TSI Partnership (1:24)
What Makes Collections Difficult (4:48)
Different Types of Payers (& TSI Solutions to Approach Them) (11:54)
The TSI Timeline (31:04)
Frequently Asked Questions (38:30)
Is Your Practice Using PrognoCIS RCM Services?
When you use PrognoCIS Revenue Cycle Management Services, your client manager will assist you in sending approved accounts to Transworld for you every month and monitor your collection process/success with Transworld. The benefits of TSI collections with RCM include:
Simply sign up above or reach out to your client manager for more information.
Sign up for a quick Discovery Call from PrognoCIS EHR
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