Workers' Compensation Video Transcript

Welcome to Elevate Patient Financial Solutions, your trusted partner in handling complex claims. With over 40 years of experience, we are experts in resolving claims while maximizing revenue recovery and cash acceleration.

Workers' compensation claims are intended to protect injured workers and employers, but they can be complex and time-consuming for health care providers. The complexity involved with this unique payer source not only requires specialized training on state and federal regulatory requirements, but also expert insight into the accuracy of payments and dispute resolution processes. Our streamlined and integrated end-to-end workers' compensation solution helps hospitals and health systems across the country accelerate cash flow and improve A/R days.

Since workers' compensation accounts don't coordinate with other payers, our focus is on quick revenue recovery by eliminating all roadblocks. Our goal is to resolve 100% of placed workers' compensation accounts by recovering payment from carriers or facilitating the billing of health insurance. Our priorities are patient satisfaction. We advocate for the patient so they can focus on healing, compliance. We have a dedicated internal team that monitors all federal and state statutes through proactive system management, increased reimbursement. We have fee schedule expertise that captures all opportunities.

The Elevated Difference: Our people. Our team includes former adjusters and claims specialists who are highly trained in compliance, systems and processes, state-specific and federal fee schedules, and patient outreach. Having a specialized team ensures the claims are clean, the correct workers' compensation payer is billed timely, and our clients receive the correct fee schedule payment.

Our process. We coordinate our efforts with employers, adjusters, attorneys, insurance carriers, and the patient. Our team performs workers' compensation payer denials and underpayment analysis, tracks the reasons for denial or underpayment, and reports findings back to the client. We find ways we can proactively prevent denials to improve a hospital's front-end processes.

Our proprietary technology. Our proprietary technology drives our workflow to efficiently manage the inventory and optimize revenue recovery. This includes identifying underpayments and facilitating appeals to ensure payments are in line with the maximum allowed.

Why choose ElevatePFS? A single solution for both hospital and physician A/R, best practice workflows, A/R reduction on aged inventory, improved patient experience, flexible and scalable program, compliant with all federal and state statutes.

At Elevate Patient Financial Solutions, we can handle your most complicated accounts, allowing your team to focus on other priorities. Visit ElevatePFS.com to learn more about how we can help you maximize revenue recovery, reduce AR days, and enhance patient satisfaction. Elevate your revenue cycle today with Elevate Patient Financial Solutions.