COUNT ON MORE WITH CAREPAYMENT
Helping you mantain compliance under the No Surprises Act
Maintain revenue under rapidly changing patient financing regulations.
The changes under the No Surprises Act are causing significant impacts on provider revenue due to losing their out-of-network cash flow. On top of this, providers can face a hefty amount of $10,622 in fines for each violation of the federal No Surprises Act. Multiply that fine by each time a Good Faith Estimate was missed, and providers are faced with huge hits to their bottom line.
We know the changes under the No Surprises Act are causing hospitals to lose more revenue, and make day-to-day operations that much harder - that's why we help providers collect 70% more of their aged receivables with increased patient financial engagement. With a 2x increase in overall earned revenue collections, we ensure providers get the revenue they need to continue providing high-quality care to the communities they serve.
Discover how CarePayment can enhance your net collections improvement with our ROI Calculator.
Mitigate gaps in revenue with the industry’s highest financial return.
We capture more earned revenue than any other patient financial engagement vendor, regardless of the age of receivable, delivering increased operating margin and guaranteed financial results.
2X
Increase in overall earned revenue collections
70%
Of collected revenue from receivables >60 days old
>$4 Billion
Balances processed
Knowledge Center
Case studies, white papers, videos and tips to help providers and patients manage their total financial health.
Article
Post-Cyberattack Recovery, Converting Aged A/R to Payment Plans Will Drive Needed Cash
The recent cyberattack on UnitedHealth Group’s Change Healthcare has sent shockwaves through the healthcare industry, leaving many hospital operating margins financially crippled amidst claims processing…
Case Study
How a $1B, 7-Hospital Health System Increased Self-Pay Collections
With an outstanding self-pay balance of $145 million, this health system with 600,000+ annually served patients met challenges when it came to truly financially…