“It is not enough to do your best; you must know what to do, and then do your best.”
-W. Edwards Deming
What we do is often viewed as a commodity. This is frankly understandable based on the number of companies that claim to offer similar services, but let us assure you it is the how we do it that is the key.
Navigating self-pay receivables can be a daunting task. There is a delicate balance to resolving accounts while simultaneously maintaining the reputation of your organization as well as patient loyalty. As self-pay rapidly becomes your fastest growing financial class, securing the tools and expertise to capture these funds is more important than ever.
Magnet Solutions’ services have delivered an average increase of 40% on outbound call volumes which have resulted in 25-55% increase in cash recoveries on self-pay balances for our clients. For some of our mid-sized clients, this bottom line net gain has represented an increase of over one million dollars in the first twelve months.
Since Magnet Solutions’ inception we have been committed to possessing the industry’s leading technology, requiring continuous development of our professionally trained and (AAHAM) certified staff and excellence from our strategic partners who also have a vested interest in our mutual success. Professionally trained staff working with the industry’s best technology, a 100% focus on the single task of liquidating your self-pay balances, while always maintaining the goodwill of your patients, is how we define success. Let us show you how we can make a difference for your organization.