KeyBridge CAP Turns Healthcare Self-Pay Accounts into Revenue

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Wed Sep 9, 2009 6:07pm EDT

Cash Acceleration Program Eliminates Headaches for Providers by Giving them
Ability to Collect Payments Faster
LIMA, Ohio--(Business Wire)--
KeyBridge Medical Revenue Management (www.keybridgemed.com) announces the Cash
Acceleration Program (CAP), a new program that helps healthcare providers
accelerate payments from self-pay accounts. CAP is designed to simplify payment
collections by taking over the process as soon the initial statement is sent. 

"We`re hearing from a lot of healthcare providers that self-pays have become
their fastest growing payer class," said Scott Koenig, KeyBridge president. "CAP
provides healthcare providers a valuable resource to get control over an
increasing number of self-pay accounts to generate revenue faster without
increasing staff workload." 

With CAP, healthcare providers identify self-pay accounts, send the initial
statement and then turn the process over to KeyBridge. This allows healthcare
providers to focus on patient care. 

KeyBridge begins the CAP process by accepting all inbound patient calls and
sends subsequent statements. KeyBridge works directly with patients to collect
payments. Payment plans, discounts and charity care applications are solicited
according to healthcare provider financial policies. As always, KeyBridge
generates real-time reports on payments collected and much more throughout the
process. 

"We take careful steps to ensure that every aspect of the payment collections
process is patient friendly," Koenig said. "Our team undergoes extensive
training to match the business style of our clients and to use communications
techniques that preserve patient relationships." 

Learn more about CAP at http://www.keybridgemed.com/pdf/news_capwebslick.pdf. 

About KeyBridge Medical Revenue Management

KeyBridge is a leading provider of accounts receivable management services,
including post-charge-off debt recovery, early-out programs, accounts receivable
clean-up, and other services. By strategically implementing cash management
programs designed to enhance the revenue cycle, KeyBridge is able to provide its
clients improved cash flow while reducing cost of recovery. For more
information, visit www.keybridgemed.com. 



KeyBridge Medical Revenue Management
Stacy Wood, 614-540-5520
woods@marketing-works.net

Copyright Business Wire 2009

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