Please join us for our weekly “Webinar Wednesday” where we break down a product or service from the ancillary sector.

This week’s topic: The Docent Group

Most medical practices have a LOT of unpaid and underpaid insurance billings every month. Most practices have at least 10% up to even more than 30% of their monthly billings that go unpaid and are written off; frequently these are legitimate claims that the insurance companies have figured out how to deny the claim though technicalities and coding errors and the like.

We have a company that will, at no up-front cost, rebill these unpaid and underpaid claims and do a forensic review. In most cases there is a high percentage of these rebilled claims that now are paid. Our company will run the bills and provide an analysis and let the practice know how much we can recover. If they decide to move forward the practice will receive the payments from the insurance companies and will pay our company on a 100% contingency basis. No recovery, no cost whatsoever. The practice keeps 70% of the recovered amount and they pay us only 30%. This is purely found money and there is no reason not to proceed.

The referring representative receives a percentage of each recovered dollar on an ongoing basis. Simply put, you refer a practice, we will collect unpaid money on a contingency basis, and the rep will receive a percentage of each and every dollar recovered.

Now is the time to market our services as many, many practices and hospitals are suffering due to the virus and are looking for additional funds. We can get that for them risk-free.

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