Open Account Reconciliation
Faced with limited collection resources, hospitals typically give first priority to collecting high-value patient accounts. Large numbers of smaller account balances can accumulate and age over time, causing your accounts receivable to become bloated and inaccurate.
Hospitals are understandably reluctant to adjust uncollectible balances without confirmation. When these accounts are assigned to Titan Health, our collectors review each balance to confirm its origin and collect it if due or adjust it if not. We report on the root causes of these balances and suggest process improvements to address them.
Titan's account reconciliation improves the accuracy and financial health of your accounts receivable. Call today to schedule your risk-free, no obligation consultation with a Titan Revenue Recovery Professional.