At Hospital Credit Balances (a division of HRCS), our mission is to help hospitals thrive. We do this by adding net income with effective and predictable credit balance resolution services. To put it simply, we can help eliminate your hospital's credit balance problem.
Timely resolution of your hospital credit balances can generate a significant net income pickup for your organization because, typically, only 15% of your credit balances result in refunds to patients/payers. What do your credit balances look like? We can help convert 85% of them into net income. Contact us today to get started.
At HRCS, we understand the critical role that credit balance optimization can play in adding net income to your hospital's bottom line. Our expert team is dedicated to helping senior finance executives uncover hidden revenue streams to achieve financial excellence.
Credits. A significant amount of income is hiding in the credits piling up at your hospital. In fact, we are finding that an average of 85% of our clients’ credits can be converted into net income.
How? Most of the credits on your books likely aren’t credits, but transactional errors. Our revenue cycle team here at Hospital Credit Balances (a division of HRCS) reviews accounts to distinguish actual credit balances from the false ones caused by data entry or other errors. It’s time-consuming work that most hospitals don’t have the resources to address, but our work pays off with significant income pickups for our clients.
Do you want to learn how we can turn your credit balances into income? Contact us at (240) 686-5103 or fill out this form to get started.
Are your hospital credit balances piling up? Let us help you eliminate them, all while adding net income to your bottom line!
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