Updated: Dec 10, 2019
A Texas hospital was experiencing losses from patients who were injured in automobile accidents. Third-party payers would not pay the claims until the legal claim was resolved, resulting in very long delays that could stretch into several years.
The facility ultimately signed a contract with Jorie for continued evaluation and purchase of medical liens.
Jorie purchased the outstanding receivables and implemented it's revenue cycle management solutions.
A greater than 100% increase in personal injury collections. resulting in millions of dollars in additional revenue