200-Bed Community Hospital Recovers $1.9M in 60 Days

Before FinThrive

Complex, manual process for verifying eligibility and tracking payments

Incomplete information collected at admission

Time-consuming audit documentation process

Solution Highlights

Screens every patient account to identify bad debt reimbursement opportunities

Compares data feeds to the hospital’s patient transaction and demographic information

Identifies eligible charity, crossover and self-pay bad debt accounts

Customer Overview

200 beds

Serves 15,500 patients annually

$1.9M

Customer recovered $1.9 million in Medicare Bad Debt reimbursement

<60 Days

Project lasted less than 60 days

100%

Reconciled 100% of account balances that should have been written off as MBD