Credit Management Company, an established accounts receivable management firm and MedClaims International, LLC, a hospital claims resolution company, announced a formal partnership to deliver additional revenue cycle services to healthcare clients.
The newly forged alliance allows each company to offer complimentary services to their current healthcare clients while remaining true to their revenue cycle niche. Accelerating private pay and balance after insurance cash flow will always be a concern for healthcare financial leaders and the change from ICD-9 to ICD-10 will likely decrease coder activity. These changes may result in an increase in denied claims and a strong denials management partner may be the most effective solution for minimizing impact.
“Health systems continue to seek efficiencies by expanding relationships with existing business partners. The strategic partnership that we have forged with MedClaims International enables us to provide a comprehensive accounts receivable management solution to healthcare providers,” said Joel McKiernan, VP of Sales, CMC. “ Both CMC and MedClaims are committed to delivering optimal customer service, which is evident by the companies’ high client retention rates.”
By offering early out, bad debt, and denials management, Credit Management Company and MedClaims International will be uniquely positioned to deliver outstanding services to healthcare entities across the country.
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