At Modern Recovery Solutions, our Extended Business Office offers many options to increase revenue and efficiency as well as aiding with 501r requirements including:
- Propensity to Pay Scoring to help make reasonable efforts to determine whether an individual is eligible for assistance under your financial assistance policy before engaging in extraordinary collection actions.
- Letter Management including the Plain Language Summary. We can assist with all statements and the final notice before extraordinary collection actions.
- Assisting patients with your charity process within the time constraints after the date of the first billing statement.
Our team can assist your organization with 501r requirements, patient satisfaction, account flow and increased revenue while reducing AR days, maximizing recovery and maintaining the highest level of patient handling and your policy requirements.