The quantum difference with Quintessence as your partner
Your vendor today
- Transaction and headcount-based services
- Old world SLAs – TAT, Quality
- No risk to vendor for acceptable error limits
- Low cost, location-based price points
- Overheads to manage vendor performance
- Cumbersome transition, unpredictable ramp-up, inconsistent performance
- No continuous process improvements and price cuts
Quintessence as your RCM partner
- Business requirement-driven solutions
- Outcome-linked assurances
- Risk and reward-based engagement
- Performance and reimbursement-linked pricing
- Minimal partner oversight overheads
- No surprise, mutually-designed transition program and metrics
- Technology-enabled, sustainable pricing advantages
The value Quintessence brings to your business
Outlined below is a composite value matrix of what our customers experience:
Metric-based
- Fees linked to reimbursement
- Benchmark-based process targets
- People performance measures linked to client outcomes
Savings
- Process engineering and optimization
- Labor cost leverage
- Technology and interface
Revenue impact
- Higher reimbursement, 2-7%
- Reduced denials to <5%
- Reduced AR days by 3-16%
Full service, one fee
We charge a percentage of collections for all the services rendered. We draw up agreements matching the scope of services and commitments, exactly as in your customer contracts. Contact us