QES- (Quality Early Scoring)
QAR is proud to offer Early-scoring (QES) model for your receivables.
This process is simple & cost effective early in the revenue
cycle such as identifying accounts for charity care, Medicaid
or Self pay This process assist hospitals & doctors meet
their missions and improves collection results by shifting resources
to more collectable accounts.
Process is simple 0-90 day accounts can be (QES ) through our
local data base at competitive rates. Account scoring fica model
will assist to determine what the account needs next, Accounts
can be placed into “buckets “ for financial review
for the next stage of the revenue cycle.
Buckets are files sent back to the facility with collectability
on accounts so your office can quickly streamline your aging
receivables.
EXAMPLE – PRODUCT MODEL
Bucket 1 – Poor credit scores, which need most likely
need financial assistance such as charity care & Medicaid.
Bucket 2– Are those boarder line scores not quite the
worse not quite good need review for possible financial assistance
or quick collection process.
Bucket 3 – high credit scoring with most likelihood
of recovery - these accounts needs quick attention such as
letters, staff calling
or collection referral.
Example model scores – Fica scores 500 & below will
fall into a review mode (Bucket1) for financial assistance such
as charity eligibility & Medicaid.
Fica scores 501-600 will fall into bucket 2 and will
also need reviewing for financial assistance or pre – collect
attempts.
Fica score 601&up which is a higher collectable account
probability will fall ( bucket 3)which is a self pay bucket & should
be sent off for pre collection or collection process.
Contact our sales department @ 1-866-768-0034 for information
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