Healthfuse has helped Tift Regional Health System improve net collections by $12.7 million in the last 3 years.
Healthfuse has helped Tift Regional Health System improve net collections by $12.7 million in the last 3 years.
1 Pages324 E. Wisconsin Ave, Suite 1300, Milwaukee, WI. 53202 414-988-1130 healthfuse.com ©Copyright 2018. Healthfuse C H ALLE N G E The TRHS service area includes a large number of self-pay patients, so partnering with self-pay and collections outsourcers is essential to achieving their revenue goals. TRHS had worked with the same vendors for 15 years, but believed they were not achieving maximum return from those partnerships. An initial audit confirmed their belief; 68% of accounts were not being worked appropriately and their self-pay vendor was actually collecting less than their bad-debt vendor. The TRHS chief financial officer mandated a 12% reduction in collection costs and brought in a new vice president of revenue cycle and patient
