Firms help hospitals retrieve overpayments.
The money hospitals are losing in overpayments to vendors probably won't make or break an organization, but the dollars can start to add up. Managers can turn to companies specializing in retrieving such revenues. One firm said its audits find an average of $90,000 in overpayments at the typical hospital, with the facility and the firm splitting any money actually collected.
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D000067:Accounts Payable and Receivable; D003284:Contract Services / Q000706:statistics & numerical data*; D005375:Financial Audit; D011682:Purchasing, Hospital / Q000191:economics*; D014481:United States