Printer Friendly

CAB Can Help EMS Transports Decrease Overhead Costs and Increase Revenue.

The percentage of Self-Pay EMS Transports is rising. CAB provides alternatives to full-time employees

CHARLESTON, S.C. -- CAB Receivables Receivables

An asset designation applicable to all debts, unsettled transactions or other monetary obligations owed to a company by its debtors or customers. Receivables are recorded by a company's accountants and reported on the balance sheet, and they and include all debts owed
 Management, a leader in creating cash flow performance solutions for specific industries, has expanded its offerings to the EMS Transport business. Over the past two years Kelly Molony, President of CAB Receivables Management, has been working with management to find specific industries in need of cash flow improvement practices. "Our philosophy is to not rush into an industry without doing research. If we feel we can't implement our services to generate results we are not going to do it," stated Molony.

CAB has a rich tradition in the medical services industry. With over a decade of experience providing Extended Business Office to hospitals, CAB can provide results for EMS Transport companies as well. CAB www.cabrmc.com/ems.html identified the EMS Transport industry as a perfect expansion of its Extended Business Office product. After reviewing industry trends, technology and recognizing the need for Revenue Cycle solutions, CAB's specific services were needed. CAB is a member of the American Ambulance Association www.the-aaa.org. CAB is not a traditional EMS billing company, but rather a complete Extended Business Office operation, offering not only Call Center functions but Electronic Scoring, new Skip Tracing methodology, and automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 Medicaid Search/Scrubbing as well. Currently, EMS companies have two options for Self-Pay processing. One option is to outsource the entire billing operation to an EMS billing company, charging 6%-8% on collections, including collections from Medicare, Medicaid, and Commercial Insurance carriers. The second option is to conduct all collections in-house. With the second option, CAB steps in and makes the revenue cycle run more efficiently by processing all Self-Pay work.

CAB is a full-service receivables management company based in Charleston, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures


Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15.
. CAB dedicates its resources to maximize clients' cash flow. Their accounts receivables solutions include:

-Extended Business Office (EBO EBO Effects Based Operations
EBO Emerging Business Opportunities
EBO Experimental Biology Online
EBO European Board of Ophthalmology
EBO Early Buyout Option (leasing)
EBO Easy Bake Oven (toy) 
)

-Insurance Practice Services (IPS (1) (Inches Per Second) The measurement of the speed of tape passing by a read/write head or paper passing through a pen plotter.

(2) (IPS) (Intrusion Prevention S
)

-Debt Recovery

For additional information regarding CAB, contact Chuck Hobbs @ 843-693-4539 x2007 or info@cabrmc.com.
COPYRIGHT 2011 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 3, 2011
Words:386
Previous Article:No Marine Forgotten or Left Behind.
Next Article:AMRI Receives AIFA Approval to Manufacture Commercial Drug Product.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters