MADISON, Wis. (PRWEB) July 01, 2020
State is pleased to announce that it has once again earned the “Peer Reviewed by HFMA” designation for its Healthcare Recovery service. The company has continuously maintained this achievement since 2011.
HFMA’s Peer Review process provides healthcare financial managers with an objective, third-party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a Peer Review panel review comprised of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value, as well as customer and technical support.
“We strive to create partnerships for a lifetime with healthcare providers,” said Tim Haag, State’s president. “We appreciate the positive feedback we received through the Peer Review process and appreciate the independent validation of the value we create for providers by increasing patient satisfaction while improving net recoveries.”
The feedback provided by respondents stated:
- 100 percent “agree” or “strongly agree” they would recommend the service to a colleague
- 100 percent “agree” or “strongly agree” the service meets expectations, while 83 percent said it exceeded expectations
- 100 percent “agree” or “strongly agree” the service represents good value for the cost
In addition to its Peer Reviewed Bad Debt Recovery service, State also assists healthcare organizations with services spanning the complete revenue cycle including Pre-Service Financial Clearance, Early Out Self-Pay Resolution, and Insurance Follow-Up.
State improves the financial picture for healthcare providers by delivering increased financial results while ensuring a positive patient experience. Rooted in a tradition of ethics, integrity and innovation since 1949, State uses data analytics to drive performance and speech analytics with ongoing training to ensure patient satisfaction. A family-owned company now in its third generation of leadership, State assists healthcare organizations with services spanning the complete revenue cycle including Pre-Service Financial Clearance, Early Out Self-Pay Resolution, Insurance Follow-Up and Bad Debt Collection. To learn more visit: http://www.statecollectionservice.com.