Claims processing houses specialize in large volume billing, but this comes with a built-in restraint: They aren’t structured to execute the kind of comprehensive back end follow-up necessary to maximize cash flow.  The chart below reflects actual performance.  What would you do with an extra 16% increase in revenue?

Cornerstone Adminisystems recommends Full Cycle Revenue Recovery to all our ambulance billing clients for maximum cash flow generation.  We incur all the costs as we provide a more aggressive strategy of customized letters, e-mails, bills, and telephone calls aimed to successfully close an account with Payment In Full without the need to send the balance to a third party collection agency.  The highest standard of professionalism is always provided to all your patients as we build the relationship necessary to secure the maximum allowable payment on every account.

What Happens After Full Cycle Revenue Recovery?

For those clients that desire a collection agency for the remaining open balance accounts after Full Cycle Revenue Recovery.  We recommend our selected collection agency platform for optimal bad debt collection.

 We begin by electronically transferring your bad debt accounts to our primary third party collection agency to begin debt collection.  After our primary collection agency determines that the accounts are uncollectible, we electronically transfer these bad debt accounts to our recommended secondary collection agency to begin their debt collection process.   Cornerstone does understand that you may have relationships with other collection agencies and we will forward any remaining open balance accounts to a third party collection agency of your choice.