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The ChallengeImage

With the number of uninsured population rising to over 45 million people, healthcare providers are presented with cash flow issues, as well as staffing that is stretched beyond the limits of reasonability.  Healthcare providers today are presented with larger challenges and less resources. Outsourcing of responsibilities has become the resolution of choice.

Our Approach and Solution

Leveraging the network of our dedicated in house specialists; PF Concepts will design a program to meet your specific outsourcing needs. We offer related services with insurance verification, third party denials and follow up, and a full service in house management of the self pay accounts receivable. PF Concepts increases profit margins due to a higher successful liquidity of accounts by outsourcing select groups of accounts. This allows your staff to focus on other important accounts receivables issues.

PF Concepts conducts all business in the name of the provider, handles all related and necessary actions for the specific accounts assigned. We also provide the facility with an on-site liaison, responsible to perform all of the coordinating duties between the client and ourselves. We become the valued business partner of the provider.


Typical Improvements include:

  • Increases in self pay cash
  • Increases in Medicaid discoveries and  payments
  • Increases in Third Party Payers discoveries and  payments
  • Discoveries of Approved Charity Care eligible services, not adjudicated, nor written off
  • Decreases in accounts receivables that is controlled and managed
 
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