New York-Based CollectionPro Services LLC Transforms Healthcare Revenue Recovery with No-Risk Legal Model
TL;DR
CollectionPro Services LLC offers healthcare providers a competitive edge with a 92% success rate in arbitration and a flat 10% contingency model, ensuring no financial risk.
CollectionPro employs a legal-first approach with in-house attorneys to navigate the No Surprises Act, covering all administrative and arbitration fees upfront for providers.
By recovering millions in lost revenue for healthcare providers, CollectionPro contributes to a fairer healthcare system and supports the financial health of medical practices.
Discover how CollectionPro revives denied OON claims under NSA guidelines, turning overlooked opportunities into recovered revenue for healthcare providers across specialties.
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Healthcare providers facing shrinking reimbursements and payer resistance are finding critical support from CollectionPro Services LLC, a New York-based firm revolutionizing out-of-network collections through legal expertise and a no-risk financial model. Operating from Carnegie Hall Tower, the company addresses a pressing industry challenge: recovering payments that providers often consider lost due to complex regulations and payer disputes. This matters because it directly impacts providers' financial stability, enabling them to maintain operations and focus on patient care rather than revenue disputes.
At the core of CollectionPro's effectiveness is its in-house legal team, which has achieved a 92% success rate in over 10,000 arbitration cases. This legal prowess proves particularly valuable for navigating the complexities of the No Surprises Act (NSA), which governs out-of-network billing disputes. The company's ability to effectively dispute underpayments under this legislation ensures providers can recover long-overdue payments that might otherwise remain unpaid. This legal advantage transforms how providers approach collections, shifting from passive acceptance to active recovery.
What distinguishes CollectionPro is its flat 10% contingency model, guaranteeing providers incur no costs unless a recovery is made. This performance-based structure applies uniformly across all medical specialties, including traditionally challenging areas like anesthesia and emergency care. Furthermore, CollectionPro eliminates financial barriers by covering administrative and arbitration fees upfront—costs that typically range from $115 to $1,200 per case. This approach removes a significant obstacle to pursuing claims, allowing providers to engage in disputes without any out-of-pocket expenses, which is crucial for organizations with tight budgets.
The company also excels in reviving previously denied or overlooked claims. Under the NSA, claims dated January 1, 2022, or later remain eligible for arbitration even after payer rejection. Through strategic case review and legal insight, CollectionPro has successfully reclaimed revenues providers had written off, delivering tangible financial benefits. This capability matters because it recovers funds that directly support healthcare delivery, from staffing to equipment purchases.
CollectionPro's commitment to transparency and efficiency is demonstrated through real-time reporting dashboards and HIPAA-compliant communications, enabling providers to monitor claim progress and make informed revenue cycle decisions. As a trusted partner for hospitals, ambulatory surgical centers, and physician groups nationwide, the company has helped recover millions in owed payments without disrupting operations. By combining legal expertise with a no-risk model, CollectionPro is reshaping healthcare revenue recovery, ensuring providers can focus on quality care while their financial interests are vigorously defended.
Curated from 24-7 Press Release
