Committed to Preventing Patient Revenue Losses
VestaCare is committed to helping your hospital secure patient payments, prevent financial losses and improve your bottom line. How quickly and significantly can we improve your hospital’s financials? On a fast-track basis, we can deploy our system within 90 days. This requires:
– Top-priority collaboration from your IT team to set up daily data file exports
– Confirmation of patient payment policies and communication protocols
– Staff training performed and supported by VestaCare’s expert professional team
Securing revenue is a direct function of enrolling and securing patients under a plan for all of their charge obligations. This is not to be confused with programs that seek to improve upfront charge estimating but only collect co-pays or a portion of patients’ deductibles, leaving the bulk of their residual obligations (e.g., co-insurance) left unsecured.
Your hospital’s revenues should increase by 10%-15% in the first 90 days, 25%-35% in the next 90 days and 40%-60% in the next 12 months. Actual performance may vary by each hospital’s demographics, but VestaCare results will always be substantially greater than all alternative approaches, including typical RCM solutions.
Capture a larger percentage of unpaid patient hospital bills
VestaCare’s unique system is tailored to address excellent credit patients and those requiring greater assistance. It also identifies frequent abusers of your hospital’s compassionate caregiving practices. VestaCare will show you how VestaPay can bring you a much larger percentage of your patients’ unpaid bills, while working seamlessly with your billing systems and enhancing your patient/community relations and patient satisfaction.
Your hospital pays nothing until we exceed the 15% payment benchmark. Your hospital gains improved payment management and significant savings.
For more information about collecting your patient-responsible revenues, call VestaCare at 858.454.7800.