Increase Recoveries from First and Third Party Liabilities (TPL) and Higher Compliance with CMS Regulations
Increase Recoveries from First and Third Party Liabilities (TPL) and Higher Compliance with CMS Regulations
Dealing with third party payers requires a different workflow which is highly nuanced. Current solution alternatives to Paratus include outsourcing to expensive legal firms, or over-burdened employees without the time or Paratus expertise. Both result in low margin returns and potential riskier CMS compliance issues.
As specialists in TPL, Paratus consistently achieves 2.5-3 times more lift from a hospital's TPL portfolio over existing solutions.
We dramatically increase TPL revenue. Our clients experience greater net patient revenue (NPR) while reducing costs to process TPL claims.
The MSP provisions require providers to identify situations where Medicare is the secondary payer.
The ability to forecast and anticipate income streams with accuracy empowers companies to make informed decisions and allocate resources efficiently.
Proprietary software streamlines TPL workflows, ensuring maximum returns for each and every hospital bill we touch. Our software is developed to automate and simplify complex TPL processes and is regularly updated to reflect changes to federal and state rules.
Navigating TPL involves focus, persistence, and continuous innovation. Managing legal, financial, and compliance aspects requires precision for effective mitigation of risks and regulatory compliance.
Our team combines seasoned professionals with deep domain expertise in TPL. When it comes to complex and highly nuanced negotiations, Paratus’s unparalleled expertise works on your behalf to maximize each recovery.
If you have more questions about what we can do for you, please contact us at the phone number or email below.
California
3060 Saturn Street, Suite 200
Brea, CA 92821
Idaho
3405 E. Overland Road, Suite 355
Meridan, ID 83642
Illinois
330 West Chestnut
Hinsdale, Illinois 60521
Washington
22525 SE 64th Pl, Suite 200
Issaquah, WA. 98027
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