CollectionPro Expands Chicago Presence with New Hospital Acquisition, Enhancing No Surprises Act Compliance Services
TL;DR
CollectionPro's acquisition and no-fee model gives healthcare providers a competitive edge by maximizing revenue recovery from underpaid claims without upfront costs.
CollectionPro operates through three automated tracks: Federal NSA IDR management, state-specific resolution, and negotiation optimization with comprehensive data validation and reporting.
CollectionPro's services ensure fair healthcare reimbursement, reducing financial strain on providers so they can focus resources on patient care and community health.
CollectionPro uses advanced data modeling and automation to resurrect old claims, turning previously lost revenue into recovered funds for healthcare providers.
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CollectionPro, a healthcare reimbursement recovery and arbitration management solutions provider, has announced the successful acquisition of another hospital-client in Chicago, marking continued expansion of its services designed to help healthcare organizations recover underpaid claims and manage disputes. The company focuses on addressing the administrative and legal challenges surrounding the No Surprises Act and various state-level balance billing laws, particularly for out-of-network billing scenarios.
The service operates across three primary tracks: Federal No Surprises Act IDR Management, which establishes open negotiation workflows and drives powerful IDR appeals through the national dispute portal at https://www.cms.gov/nosurprises; State Surprise Bill and IDR Resolution, offering custom-tailored compliance processes for each state's unique timelines and documentation standards; and Negotiation and Settlement Optimization, leveraging advanced data modeling and proprietary benchmark analytics to identify equitable reimbursement outcomes. Each track is supported by core services including claim validation, deadline tracking, data reconciliation, and comprehensive outcome reporting.
What distinguishes CollectionPro is its performance-based compensation model, where providers pay only when recoveries are achieved. Under this contingency framework, compensation is tied directly to measurable reimbursement results—if no additional funds beyond the payer's initial offer are secured, the provider owes nothing. The model includes advancing all administrative and arbitration costs during the trial period, ensuring complete predictability for clients while maintaining HIPAA compliance, advanced cybersecurity standards, and robust Business Associate Agreement protocols across all engagements.
Across the United States, healthcare providers face mounting pressure from declining payer reimbursements, delayed arbitration outcomes, and ever-evolving regulatory mandates that collectively erode margins and increase operational strain. CollectionPro directly targets all pending claims for better reimbursements by helping recover underpaid claims faster through expert-driven IDR filings, improving reimbursement accuracy with real-time comparative rate analytics, ensuring compliance with both NSA and state-specific arbitration frameworks, reducing administrative costs by replacing manual workflows with automated reconciliation tools, and providing integrated dashboards for full visibility into payment trends and dispute outcomes.
Healthcare reimbursement is now made simple, according to Maverick Johnson, spokesperson for CollectionPro. The company helps providers recover their rightful revenue from out-of-network and underpaid claims, empowering them to act with confidence backed by data and automation rather than guesswork. CollectionPro's team brings together decades of experience in claims recovery, payer relations, and dispute resolution management, serving as both an operational partner and revenue advocate to deliver measurable improvements in cash flow and financial sustainability without adding administrative burden.
Curated from 24-7 Press Release

