Credit Management Company, an established accounts receivable management firm and MedClaims International, LLC, a hospital claims resolution company, announced a formal partnership to deliver additional revenue cycle services to healthcare clients.

The newly forged alliance allows each company to offer complimentary services to their current healthcare clients while remaining true to their revenue cycle niche.  Accelerating private pay and balance after insurance cash flow will always be a concern for healthcare financial leaders and the change from ICD-9 to ICD-10 will likely decrease coder activity.  These changes may result in an increase in denied claims and a strong denials management partner may be the most effective solution for minimizing impact.

“Health systems continue to seek efficiencies by expanding relationships with existing business partners.  The strategic partnership that we have forged with MedClaims International enables us to provide a comprehensive accounts receivable management solution to healthcare providers,” said Joel McKiernan, VP of Sales, CMC.  “ Both CMC and MedClaims are committed to delivering optimal customer service, which is evident by the companies’ high client retention rates.”

By offering early out, bad debt, and denials management, Credit Management Company and MedClaims International will be uniquely positioned to deliver outstanding services to healthcare entities across the country.

About Credit Management Company

Credit Management Company, CMC, is a full service accounts receivable management company located in Pittsburgh, Pennsylvania.  The company was founded in 1966 on the concept of saving organizations time and money through the rapid recovery of outstanding accounts receivables.  With clients in industries such as healthcare, education, government, and utilities, CMC offers a wide range of services including automated-outbound call programs, pre-collections, and bad debt recovery collections.

About MedClaims International

MedClaims International, LLC (MCI) is an industry leader in assisting hospitals to receive payment for uncompensated healthcare. MCI was founded in 2000 with the focus of supporting institutional medical providers with the burden of uncompensated healthcare. Today, MCI is contracted with over 300 acute care facilities including trauma centers, surgical groups, LTACs, psychiatric hospitals and rehabilitation centers across the country.

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