HEALTHCARE
Forthright's Self-Pay Recovery System is a patient-friendly solution for collecting on outstanding self-pay receivables. It's quick, inexpensive, and highly effective, giving providers the ability to pursue large volumes of smaller transactions with more control.
Individuals are being asked to bear more financial responsibility for their healthcare costs through out-of-pocket expenses not covered by insurance. For healthcare facilities, this means that self-pay accounts make up an increasing portion of total accounts receivable. In today's healthcare environment, providers need to optimize their revenue cycle management. An important part of this goal is managing the growing challenge of uncollected self-pay receivables.
Our solutions take a consultative approach to streamlining business processes and maximizing operational efficiencies. They are characterized by:- Speed and Efficiency: single point of contact and centralized processing
- Flexibility: many work-with opportunities to encourage swift resolution
- Transparency: overall process control remains with the healthcare institution.
- Patient and Community Friendly: confidential, always mindful of each institution's standing and mission within the local community.
We help providers build systems from design to implementation, including training and management. By improving operational performance, Forthright's Self-Pay Recovery System helps providers maintain the financial health necessary to administer their community's health.
