Find Revenue You Didn’t Know You Had
$0
Cost to a client if we don’t find any outstanding money
1-2%
Average percentage of a hospital’s net revenue found in additional collections
6-12
Number of months Meduit goes back to assess closed claims
Recover Unpaid Balances and
Boost Your Bottom Line
Hospitals or physician practices could be leaving money on the table from patient accounts that a health plan or government fee schedule may have incorrectly paid.
Meduit’s Zero Balance Review is a service that uncovers these unpaid and underpaid balances from closed patient accounts from all types of payers, including government, commercial, and self-funded.
On average, our experienced RCM experts, armed with state-of-the-art technology, identify 1% to 2% of a hospital’s net revenue in additional collections, and then apply their expertise to collect the lost income.
The appeal of Zero Balance Review for Meduit clients is our contingency-based fee structure. If we don’t find anything, we don’t charge anything. This risk-free model ensures that Meduit clients have nothing to lose and potentially a lot to gain. So, it’s worthwhile to have us investigate the possibilities.
Meduit’s Zero Balance Review delivers found money to your hospital’s bottom line
and helps improve revenue cycle management (RCM) processes to increase future revenue streams.
How It Works:
Analyze
Assess the prior 6 to 12 months of data for a hospital’s closed claims.
Apply
Utilize state-of-the-art technology to compare paid claims to payer contracting obligations.
Pursue
Track variances with the payers to pay the hospital the total owed amount.
Deliver
Provide reports on underpayment sources where errors occur throughout the revenue cycle for complete visibility.
Recommend
Advise on policies, procedures, and contract language to improve claims payment accuracy.