Accelerate your self-pay with Finance System!
The number of self-pay patients continues to increase. In 1999, only 5% of reimbursement came from patients, and in 2014 we hit 40%. As the numbers continue to rise, the patient has become the number THREE payer behind Medicare and Medicaid. Finance’s System’s Early-Out/Self-Pay Program called Accelerate! Self-Pay delivers fast service, customized solutions and cutting edge technology for a seamless collections experience. That’s why we’re a leader in outsourcing self-pay accounts.
We identify your needs, getting to know your challenges, as well as your opportunities to develop a plan of action. Early-Out is the process by which your organization’s accounts receivable are placed with Finance System at an early point in their billing life cycle, usually 1-30 days of the account entering Accelerate! Self-Pay. We then take over all functions usually handled by your company’s in-house billing/collection staff, doing everything from insurance follow-up, credit investigations, mailing statements, making collection phone calls to the outstanding accounts to resolve problems and making payment arrangements.