19 AUGUST - 2022calculates the minimum waiting time before declaring an insurance claim as default and identifies claim denials and underpayments, triggering their revenue cycle experts to spring into action. "What we have created here is a game-changing solution in the claims space. Being able to quickly identify the accounts that require attention, our solution eliminates the need for sifting through every single account, and improves revenue cycle performance," says Kristina Donahue, VP of Collect Rx. By leveraging its CRXIS tool, Collect Rx helps healthcare providers view a list of accounts that need special attention. The company's ability to provide real-time visibility into these accounts enables clients to take timely actions. The solution also empowers Collect Rx to ensure that its customers always work on all default accounts and notifies the company in case of discrepancies. Specifically designed to streamline out-of-network claims, Collect Rx's CRXIS is well-versed in working with unwritten rules. It's a testament to the company's diverse team of experts who pioneered the out-of-network industry and is laser-focused on improving provider reimbursement regardless of their network participation status. They understand the key aspects of such engagements and take the lead in negotiating with payors to secure the highest reimbursement possible. Committed to aligning with the growing need for establishing a balance between in and out-of-network claims, Collect Rx continues to hire experts who are adept at seamlessly navigating between a providers' network participation status. Consequently, the organization is among the best at managing the full receivables of both in and out-of-network providers. "We serve as a one-stop shop provider, capable of offering unrivaled services to healthcare organizations, regardless of their network participation status," states Donahue. To that end, Collect Rx continues to find the claims and streamlines the transactions between healthcare providers and insurance companies, saving them money and time. Being able to quickly identify the accounts that require attention, our solution eliminates the need for sifting through every single account, and improves revenue cycle performance
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