Praxis Health
Praxis is leveraging its 20+ years of subrogation expertise to assist healthcare providers - hospitals, clinics, physician groups, and more – in recovering unpaid patient treatment charges previously considered uncollectible and no longer being pursued for payment.
Process to Success
Through our DebtorWatch® revenue recovery program, Praxis applies proprietary database analytics matching unpaid patient treatment charges with recovery opportunities from other financially responsible parties. Our technology uncovers these payment recovery sources buried within millions of transactions. Through one of our specialty subsidiaries, Praxis Health, our highly trained recovery staff loads the DebtorWatch® recovery program search results into our Pulse® claims recovery system. This facilitates recoveries on behalf of our healthcare clients without contacting patients and with minimal client involvement.
Our recovery tools are applied only after our healthcare clients have exhausted all their other revenue recovery actions through their in-house procedures/processes and/or other external service providers. While our clients, and their current vendors, do a good job of revenue recovery, our Praxis Health team serves as a “safety net” providing “one last look” (on a contingency fee basis) before unpaid patient accounts are finally abandoned or sold.