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Healthcare Funding Solutions is dedicated to helping you manage the growing challenge of self-pay receivables. In today’s environment healthcare providers need to optimize their revenue cycle. An important part of achieving this goal can be realizing value on assets which have been written off.
At HFS, we provide you with the opportunity to create this value by monetizing your self-pay receivables without recourse. We understand that your most important asset is your patient base and we pledge to treat each of your patients with dignity and respect. Selling your aged accounts is not something to be taken lightly, and we understand that your mission is to provide your community with quality healthcare services. However, we also understand that, “if there’s no margin, there may be no mission” and we are committed to helping you enhance that margin, without compromising your mission. |
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HFS and its affiliates have decades of experience in working with consumers to clear up outstanding debt. Collectors undergo extensive training which includes in-depth training on HIPAA to ensure that your patient’s PHI is handled appropriately. Our corporate parent also undergoes an annual SAS 70 audit by a Big 4 accounting firm.
We understand that the concept of selling your patient accounts may be something new. We pledge to service these accounts in a way that will minimize patient complaints and maintain your hard earned reputation. We have also designed our program to provide you with a level of control over the sold accounts that should mitigate many of your concerns. Our agreements enable you to recall any or all of these accounts for the price that was paid for them.
We realize that you may have several options if you are considering a sale of your patient accounts. We are confident that our commitment to servicing these accounts in a respectful manner, the financial strength of our corporate parent, and the national scope of our collection network will make us not the only choice, but the logical choice. |
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