Are You Missing out on up to 40% More Revenue from Third-party Payers?

Third-party liability coverage makes up roughly 5-6% of all health insurance claims in the case of accident or injury incidents. This coverage can pay a much higher reimbursement rate than primary payers — often up to 40% — and yet, it is challenging to find this coverage quickly and bill promptly to maximize reimbursement from the fixed amount of funds available. Finding third-party liability coverage manually can be very time-consuming and labor-intensive, involving heavy patient outreach that doesn’t always produce results.

In our recent webinar, ZOLL Director of ARO Operations, Kristin Whitt, and Director of Strategy, Tyler Williams, discussed the financial impact third-party liability discovery can have for providers, especially in the face of growing uncompensated care expenses. Providers can get a head start on finding third-party liability coverage by utilizing technology and automated RCM optimization tools designed specifically for saving time and reducing administrative burden.

Readers who missed the live webinar can watch the on-demand recording to learn:

• What third-party liability is, its prevalence in emergency department and urgent care settings, and why finding coverage is so challenging
• The economic incentives for finding third-party liability coverage quickly and billing these complex claims as soon as possible
• How to implement an effective, technology-driven strategy for third-party liability discovery 

To learn more, watch the webinar, “How To Identify Third-party Payers and Capture up to 40% More Revenue.”