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 how we do it that is 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.