In the United States, healthcare providers are facing significant revenue challenges, with many hospitals struggling with negative profit margins, falling hundreds of millions of dollars short of revenue targets. Rural hospitals are especially impacted, with closures at their highest levels since 2010. A Fibroblast survey revealed that about 35% of healthcare executives reported losses of 15% or more due to revenue leakage in 2017. Alarmingly, 25% of respondents were unaware of the full extent of revenue leakage within their organizations. The need to address persistent revenue loss is urgent, and BillSmart MD offers the essential solution for transformation.
At BillSmart MD, we recognize how crucial it is to maintain smooth monthly cash flow for your doctor’s office. That’s why we provide an advanced healthcare management system, supported by dedicated accounts receivable specialists. Our expertise in managing receivables ensures your revenue is protected, and your operations run smoothly. Partnering with BillSmart MD ensures your practice’s financial stability.
At BillSmart Md, we take a unique approach by thoroughly identifying all recoverable claims, including unpaid, partially paid, and outstanding balances. Unlike other companies, we don’t focus solely on the largest or easiest claims. Every dollar recovered contributes to our clients' financial success, and we are committed to maximizing their revenue recovery.
At BillSmart MD, we resolve aging receivables early, using expert AR specialists and analytics to maximize revenue. Our 24/7 customer support ensures seamless communication.delays. Dedicated support staff are always reachable by phone, email, and SMS.
While addressing the oldest claims, our team remains focused on daily denials, ensuring prompt and accurate resolution to avoid backlogs. Our experienced professionals carefully review each claim, checking for errors, omissions, or missing details before resubmitting. This thorough process reduces accounts receivable (AR) days and significantly boosts revenue for our clients..
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