Efficient. Effective. Unparalleled TPL RCM Solutions.
Premier Healthcare Systems program provides a unique opportunity for healthcare providers to seek out higher reimbursements for your TPL patients.
In an era of declining reimbursements, slimmer margins and slower collection of receivables, Premier Healthcare offers an industry-leading revenue cycle management solution created for the unique challenges faced by providers who diagnose and treat third party liability (TPL) patients.
TPL Patients shouldn't be some great unknown.
We’ll provide you with the tools to understand your reimbursement and cash-flow associated with TPL patients, so you view them no differently than contracted insurance reimbursement. How?
Using powerful analytical tools, Premier helps our clients understand the “big picture” of their TPL receivables portfolios, as well as the likelihood of collecting on each receivable. By analyzing the portfolio on a monthly basis, we give providers a clear picture of the value of these receivables.
You will understand:
- Where you are currently maximizing revenue and where you are losing revenue in your patient population
- Attorney concentrations
- High-return vs. low-return attorneys
- Percentage of lost or unpaid cases
- Aging Analysis (where every case falls in the revenue cycle stage)
- And many more data points about our medical provider partners’ practices
If we don’t deliver, we don’t get paid.
Premier Healthcare Systems is so confident in its ability to generate higher reimbursements, that it is will assume the risk of collecting and only receive compensation on the successful resolution of the claim.
Efficient. Effective. Unparalleled Risk-Free Solution.
In an era of declining reimbursements, slimmer margins and slower collection of receivables, Premier Healthcare Systems offers an industry-leading revenue cycle management solution created for the unique challenges faced by providers who diagnose and treat third party liability (TPL) patients.
Medical providers willing to treat TPL patients face a set of unique patient documentation requirements in TPL cases. From properly documented liens and letters of protection, to attorneys who have tight time constraints to submit their demand packages. Unlike traditional reimbursement sources where a delay or improper documentation simply postpones eventual reimbursement, a failure to follow the proper procedures and document the proper protections, can result in losing the right to receive a future payment. You need a partner with the experience necessary to properly document all of your rights to reimbursement and timely submit those documents to create your right to reimbursement.
Premier understands how to protect our clients’ rights when servicing these receivables throughout the multi-year revenue management cycle. Being responsive to attorney requests, providing proper documentation and timely notices are essential when servicing these receivables in order to protect our clients’ rights, as well as forging a strong relationship between all parties.
Revenue protection is more than servicing. You need a partner that has the manpower and experience to continuously respond to attorney requests and communicate your legal rights to properly protect your right to ultimate reimbursement.
When a TPL claim or lawsuit reaches resolution, Premier focuses on maximizing our clients’ recovery, while maintaining a positive relationship with the counterparties. This delicate balance is rooted in our team’s ability to build strong relationships at the start of the process – and is the key to assuring a rewarding financial outcome at the resolution of the case. Revenue enhancement is more than collections. You need a partner that understands all of your unique legal rights to reimbursement in TPL claims and can maximize your reimbursement, while building your reputation within the community.
If immediate access to cash-flow is needed (either short term, or consistent over time), Premier can assist with our qualified specialty finance companies to give you access to the equity you have in your TPL claims. We will coordinate all documents, all approvals and all submissions, to get you paid in an timely and efficient manner.