Insurance companies don't make money when they pay claims. In fact, they are counting on it.
One third of all insurance claims are denied at first submission. Most insurance companies have a limited window to file claim appeals. Once that time expires, the balance becomes 'bad debt' and the money is lost.
No money, no mission.
Most FQHC billing departments are severely understaffed. The result is more bad-debt and less cash-on-hand. Synergy can collect your oldest insurance balances before they become bad debt. Read more to learn how.
Performance Based Results.
On a contingency basis (no long-term contract), Synergy Billing 'goes to battle' with the insurance companies.
We start by gathering historic claim data about each account. Then, we resolve claim errors and denials that are preventing payment.
Each month you’ll receive a dashboard and error report that leads to improvement within your billing department.
Don't lose another dollar to bad debt. We examine your accounts receivables to identify timely filing limits to prevent bad write-offs, analyze accounts receivable to determine collectability, identify the root cause of outstanding aged receivables, and convert potential bad debt into bottom-line revenue.
Wondering if there is any hope of capturing any of that seemingly lost revenue? Synergy Billing has perfected the art of attacking old A/R and capturing what appeared to be lost revenue. Our A/R specialists have examined hundreds of thousands of old claims and recovered millions of dollars for our clients.