At New Approach Medical Administration we pride ourselves with our excellent recovery rate, which on average is 98%. The handed over accounts to bad debt recovery companies amounts to 0.9% on average. Of this bad debt a further 55% on average is recovered by the outsourced company.
As New Approach takes over your bill recovery department, most of the associated costs are taken over by New Approach. Alongside the most obvious reduction in costs such as decreased labour requirements and reduced time dedicated to bill recovery, our clients have found that reduced stationery, printing, postage overheads are some of the benefits of using New Approach Medical Administration.
All of the services provided by New Approach Medical Administration are covered by the negotiated fee. Our fee is a negotiated percentage based on money recovered.