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| Direct
Collection of Bad Debt |
In today's highly politicized healthcare climate, many organizations are finding it increasingly difficult to gather the resources to effectively manage their accounts receivable. At Century, collections are done in a professional manner, keeping in mind the delicate issues surrounding healthcare and the process of collections.
Our bad debt collection process includes:
- Collections
performed in compliance with the Federal Fair
Debt
Collection Practices Act and all state regulations.
- State-of-the-art
collection software as well as predictive auto dialer.
- Skip tracing services.
- Direct
agency and/or attorney referrals based upon your
parameters for legal action.
- Supervisory
analysis performed and management reports
provided monthly or as needed.
- Monthly
payer/agreed payments accepted per your
standards and carefully monitored.
- Small
balance accounts called by nighttime collection staff.
- Accounts
sent to an attorney for letter writing when litigation
is not an option.
- Reconciliation of our inventory with your bad debt receivables.
- Management of your long-term monthly payment plans.
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| Third-Party Billing and Follow-Up |
Century
employs a team of Third-Party billing specialists whose
sole charge is to turn Third-Party receivables into
cash.
Our services:
- Includes Medicare A&B billing and follow-up for hospital and non-hospital groups.
- Includes A/R management and follow-up for Medicaid, Commercial Carriers, Blue Cross, Worker's Comp. and HMOs.
- Can be designed for initial front-end billing, correction and resubmission of all rejected claims and back-end follow-up to expedite reimbursement.
- Provide trained and experienced specialists to manage all aspects of billing and effectively communicate with respective third-parties.
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| Self-Pay Accounts Receivable Management |
Our services include:
- Active (non-bad debt) self-pay collection and A/R Management for accounts referred at Day 1 or Day 31.
- Asset verification.
- Identification of third-party insurance and billing to/collection from the same.
- A seamless working relationship with your free/charity care determination personnel.
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