Revenue Cycle Management
State Prompt Pay Law
Revenue Recovered Right
At Gryphon Healthcare, we take a proactive approach to ensure we get our clients every dollar possible to ensure they have a steady and predictable revenue stream. We do so through the initial processing of their claims, and in the event their claims are paid late, we go the extra mile to collect penalties and interest for those claims that are not paid timely.
Many states have strict guidelines and stipulations for paying claims in a timely manner, and if claims are paid late, we routinely file formal notices—efforts that have generated significant revenue for our clients.
Experts in Prompt Pay
Identifying violations and navigating regulatory enforcement takes time and expertise—something our team delivers with precision. Our team has specialized knowledge of each state’s laws, guidelines, and payor practices—and knows exactly what it takes to submit successful prompt pay notices which allows us to successfully recover additional monies owed for violating prompt pay laws.
The Gryphon Difference in Prompt Pay
We stay on top of evolving regulations, audit timelines, and escalate unpaid accounts so you do not leave money on the table. We advocate for your revenue like it is our own—because we consider ourselves a part of your team. With deep industry knowledge and relentless follow-through, we protect your financial health with the same care we would our own.