Your UNIQUE claims solution
SPECIALIZING EXCLUSIVELY IN RECOVERING VETERAN CARE REIMBURSEMENT FOR PRIVATE HEALTHCARE PROVIDERS
Veteran Access to Private Care Is Increasing
American Veterans have experienced increasing access to private medical care over recent years. However, procuring reimbursement for veteran care has historically been a slow, laborious process for the providers. Combined with declining resources, many healthcare finance professionals have been forced to focus their efforts on collecting revenue from claims that offer a greater ROI. The result has been an increase in VA claims A/R balances and aging for private providers across the country.
Difficult Recovery
Whether TriCare, VA Community Care or traditional VA Medical Center, all Veteran related claims are unique and have specific requirements that must be met to effectively procure reimbursement. Unfortunately, even when those requirements are met, it most often requires persistent, follow-up efforts to reach claim resolution. Without the resources to dedicate to such a typically small percentage of their total patient revenue, Veteran claims begin to have a big impact on a private provider’s overall average days A/R.
VCP PROVIDES OUR CLIENTS
More Revenue
Faster Reimbursement
Faster Reimbursement
Due to the difficulties associated with procuring reimbursement for Veteran care, most private healthcare providers recover a low percentage of the potential revenue. At VCP, we implement our Proprietary Process to increase Veteran claim recovery rates, often many times what providers are able to achieve on their own.
Faster Reimbursement
Faster Reimbursement
Faster Reimbursement
As Veteran claims balances have continued to grow, so has the aging of the receivables. It is common for a private provider to have Veteran claims aged two years and greater. VCP helps our clients expedite recovery of both aged and new Veteran claims, helping to reduce average aging of the entire A/R.
Resource Allocation
Faster Reimbursement
Resource Allocation
With so many payers to pursue, many providers have been forced to focus their internal efforts towards recovering claims offering the highest ROI opportunities. VCP handles the entire claims process for our clients, allowing them to reallocate resources and improve efficiencies within their organization.