The Bureau of Economics offers a variety of services to assist your business office with the resource consuming task of collecting your A/R. You can trust that BME will be a worthy business partner regardless of what services are provided by our agency. There are no upfront provider costs for our services and our fee is on a contingency basis where the provider is only charged when money is received.
Primarily utilized for open patient accounts after 90 days from date of service. Some of the professional collection activities performed are predictive dialing, automated notice sequences, credit reporting, NCOA scrubs, electronic skip tracing and litigation which is preauthorized by the client.
Accounts coded as self-pay are assigned shortly after services are rendered and are pursued by our precollection department. Our agency resolves these accounts with efforts similar to a provider's business office. We send billing statements and contact the patient by phone to secure payment as well as bill insurance when it is determined that coverage exists.
Generally used by providers after they have filed an insurance claim, our precollection department follows up with the insurance companies to bring the matter to a final conclusion by securing payment or verifying patient responsibility.
This service is usually provided in a situation where a provider has changed billing services or when a provider closes a practice. The remaining provider A/R is assigned for billing and collection follow up.
All Services Include: