CollectionPro Expands to California with Zero-Risk Healthcare Collections Model

TL;DR

CollectionPro offers providers a competitive edge with a 100% recovery rate on out-of-network claims and five times the payer offers through legal expertise.

CollectionPro uses a zero-risk model with no upfront fees, scrubbing and refiling claims through Independent Dispute Resolution under the No Surprises Act.

CollectionPro ensures fair compensation for healthcare providers, reducing financial burdens and promoting transparency in medical billing practices nationwide.

CollectionPro's attorney-backed approach has won over 10,000 cases with a 92% success rate, recovering claims up to 365 days old at no cost.

Found this article helpful?

Share it with your network and spread the knowledge!

CollectionPro Expands to California with Zero-Risk Healthcare Collections Model

CollectionPro has introduced a guaranteed approach to healthcare collections that promises 100% recovery of out-of-network claims through Independent Dispute Resolution under the No Surprises Act. This zero-risk model eliminates arbitration and administrative fees, requiring providers to pay only when claims are successfully recovered. This fundamentally changes how healthcare facilities manage denied or underpaid claims that have historically resulted in significant financial losses.

The company's expansion into California follows successful implementations in states including Florida and New York, addressing a critical need among providers struggling with payer underpayments and complex reimbursement structures. CollectionPro's model features an industry-low 10% success-based fee and handles claims up to 365 days old from any facility or provider type, covering Medicare, Medicaid, Medi-Cal, and all commercial payers. This comprehensive coverage ensures that providers across different specialties and practice sizes can access the service regardless of their payer mix or claim volume.

Central to CollectionPro's offering is their team of No Surprises Act specialist attorneys who have handled over 10,000 arbitrations with a 92% success rate. The company promises to deliver five times the amount typically offered by payers, providing a crucial financial lifeline to practices that traditionally receive only up to 50% reimbursement for out-of-network services. This approach ensures providers receive fair compensation without the burden of endless disputes and hidden fees that have historically plagued healthcare collections. The legal expertise combined with guaranteed outcomes represents a significant departure from traditional collection methods that often left providers with minimal recovery after extensive effort.

The company's comprehensive service includes claim scrubbing, refiling, and arbitration at no additional cost, coupled with detailed weekly and on-demand reporting for complete transparency. This technological integration with legal expertise represents a significant shift from traditional aggressive collections to smart, compliant recovery methods that align with current regulatory requirements under the No Surprises Act guidelines available at https://www.cms.gov/nosurprises. This alignment with federal regulations ensures that providers can pursue claims recovery without risking compliance violations or regulatory penalties.

California healthcare providers, particularly affected by payer tactics that delay or deny rightful reimbursements, stand to benefit significantly from this solution. CollectionPro's model empowers providers with legal recourse and guaranteed claim recovery, preventing vulnerability to payer-controlled negotiations while ensuring regulatory compliance throughout the dispute resolution process. The financial implications are substantial for practices that have struggled with cash flow due to underpaid claims, potentially transforming their revenue cycle management and financial stability in an increasingly challenging healthcare reimbursement environment.

Curated from 24-7 Press Release

blockchain registration record for this content
Yonkers Editorial Team

Yonkers Editorial Team

@burstable

Burstable News™ is a hosted solution designed to help businesses build an audience and enhance their AIO and SEO press release strategies by automatically providing fresh, unique, and brand-aligned business news content. It eliminates the overhead of engineering, maintenance, and content creation, offering an easy, no-developer-needed implementation that works on any website. The service focuses on boosting site authority with vertically-aligned stories that are guaranteed unique and compliant with Google's E-E-A-T guidelines to keep your site dynamic and engaging.