Medical Recovery Services

Donald Tapella is the CEO of Medical Recovery Services. To contact Donald Tapella email at [email protected] or [email protected]. Or you may call 8162243791

The decision makers in Medical Recovery Services are David Stroud, Donald Tapella, Helen W Katz, etc. Click to Find Medical Recovery Services decision makers emails.

Medical Recovery Services provides a comprehensive range of services aimed at improving the financial viability of small community and Critical Access hospitals. Our offerings include process improvement, billing services, managed care contracting, business intelligence reporting, business office redesign, charge master compliance, charge master pricing, and post-payment claim audits/reviews. Each service is tailored to meet the unique needs of our clients, ensuring they can maximize revenue and streamline operations.

The cooperative model employed by Medical Recovery Services allows hospitals to collaborate and share resources, which leads to enhanced operational efficiency and cost savings. By pooling expertise and best practices, hospitals can access high-quality services that they might not afford individually. This model fosters a supportive network where hospitals can learn from each other, ultimately improving their financial performance and patient care.

Charge master compliance and pricing are critical for hospitals as they directly impact revenue cycle management. A compliant charge master ensures that all services provided are accurately billed and reimbursed, reducing the risk of audits and penalties. Proper pricing strategies help hospitals remain competitive while ensuring they cover costs and generate revenue. Medical Recovery Services assists hospitals in maintaining compliance and optimizing pricing to enhance their financial health.

Yes, Medical Recovery Services specializes in managed care contracting. We assist hospitals in negotiating favorable terms with insurance providers, ensuring that they receive fair reimbursement rates for services rendered. Our team analyzes contract language, benchmarks against industry standards, and provides strategic advice to help hospitals navigate the complexities of managed care agreements, ultimately enhancing their revenue cycle.

Business intelligence is a key component of the services offered by Medical Recovery Services. We utilize advanced reporting and analytics tools to provide hospitals with insights into their financial performance, operational efficiency, and patient care metrics. This data-driven approach enables hospitals to make informed decisions, identify areas for improvement, and implement strategies that enhance their overall revenue cycle management.

Medical Recovery Services conducts post-payment claim audits/reviews by systematically analyzing claims that have already been paid to ensure accuracy and compliance. Our team reviews documentation, assesses coding practices, and identifies any discrepancies that may have led to underpayments or overpayments. This process not only helps hospitals recover lost revenue but also enhances their billing practices and reduces the risk of future claim denials.