Has your revenue decreased year after year?
Do your employees tell you that claims are noncollectable?
ADD A NEW PERSPECTIVE AND A FRESH SET OF EYES TO YOUR AR TEAM TODAY!
What Is the Objective of
CoRevenue, LLC AR Follow Up Audit?
1. Integrity: Withstand pressures that may be exerted and take care of aging accounts while applying federal and state processing compliance to accounts receivables follow up process.
2. Fair Presentation: Present all results fairly and report significant concerns.
3. Due Professional Care: Use diligence, due care, and reasoned judgments in every situation.
4. Confidentiality: Keep information secure and protect confidential or sensitive information.
5. Independence: Maintain impartiality and keep actions and reporting bias-free.
6. Evidence-Based: Depend on a fact-based approach to reach reliable conclusions.
7. Education: Understanding the true status of staff ability for continued education is the basis for a healthier, more competitive, and more profitable organization.
Payer Contracting:
Expert Representation for Negotiations
National Laboratory / Ancillary Contracting
As specialists in laboratory and ancillary services, we possess in-depth knowledge of the intricacies involved in contracting with national payers. We leverage our extensive network and industry relationships to secure favorable agreements that optimize reimbursement rates and streamline the billing process. Our proven track record in national laboratory and ancillary contracting ensures that your organization remains competitive and financially stable.
Credentialing Clinicians
Credentialing clinicians can be a time-consuming and complex process. CoRevenue, LLC offers comprehensive support in credentialing your clinicians, ensuring compliance with regulatory requirements and payer guidelines. Our meticulous approach and attention to detail ensure that your clinicians are credentialed accurately and efficiently, enabling them to provide seamless care while maximizing revenue opportunities.
Credentialing New Programs
Expanding your organization's services with new programs requires careful credentialing to ensure smooth implementation and reimbursement. Our experienced team guides you through the credentialing process for new programs, ensuring compliance and efficient enrollment with payers. By streamlining the credentialing process, we accelerate the revenue cycle for new programs and enable you to deliver high-quality care without delays or administrative burdens.
Management of Organization Location & Staff NPIs
Managing multiple organization locations and staff National Provider Identifiers (NPIs) can be a daunting task. CoRevenue, LLC offers comprehensive NPI management services, ensuring accurate and up-to-date information for each location and staff member. Our streamlined approach minimizes errors and discrepancies, ensuring that claims are processed smoothly and reimbursements are optimized. With our NPI management expertise, you can focus on delivering exceptional care while we handle the administrative complexities.
Choose CoRevenue, LLC as your trusted partner for payer contracting and benefit from our industry expertise and commitment to your organization's financial success.
Our comprehensive services will empower you to navigate the complex healthcare landscape with confidence and achieve sustainable growth.
CoRevenue, LLC reviews open or closed AR against each negotiated hospital contract as well as state and federal guidelines to uncover underpayments for immediate recovery. Our team of expert revenue recovery analysts have years of experience uncovering the variety of risk areas and denial tactics executed by the insurance industry to ensure maximum reimbursement for provider services rendered to the patient in good faith.
Free helpers
Revenue was up 9% within first 6 months and continues to climb. We fully attribute this increase to our partnership with CoRevenue, LLC.
-Director of Finance
Phoenix, AZ
We initially partnered with CoRevenue, LLC to assist with aged write offs; however, CoRevenue, LLC quickly located a large amount of inaccurate denials from one specific payer and assisted my staff with deterring, CoRevenue, LLC directly worked with payer to collect on the aging claims that were already written off and created a customized reference sheet crosswalk for staff to work each denial for this specific payer going forward. To date, we have collected $224k of "lost revenue" on this project alone and decreased denials from this payer by over 50% as we move forward.
-Sr. Director of Revenue
San Diego, CA
I have never met anyone better at collecting what the entire AR staff thought to be lost revenue.
- Director of Revenue
San Diego, CA
Did you know?
Health Insurance Companies Process
1 in 5 Claims Wrong!
The average cost to appeal a claim is $25
Several members of your current AR staff cannot tell the difference between a rejection and a denial... go ahead...test it.