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September 2009 Expanding Receivables Management Firm Leaves Midwest for the Big Apple
Healthcare companies and lenders now have easier access to East Coast-headquartered, A/R Recovery – experts in healthcare receivables.
New York, NY – In an effort to better serve client needs and as a result of steady growth, Kansas City-based A/R Recovery has moved its main office to New York City, America’s top financial center. The veteran receivables management company is also celebrating 10 years of assisting asset-based lenders and healthcare organizations.
In a niche of the industry that has proven to be recession-proof, A/R Recovery has emerged a leader, providing clients unparalleled, customized services; doing whatever it takes to turn paper into vital cash flow. Recent successes include:
- Collection of more than $750,000 from previously denied claims that had been deemed uncollectible by a California pharmacy;
- Identification of underpayment by a major payer and resubmission of years’ worth of claims resulting in an unexpected $1 million to a New Jersey infusion therapy company; and,
- Facilitation of the completion of more than 1,200 certificates of medical necessity and written orders, some of which were 2 years old, for an Arizona durable medical equipment provider.
“With the number of uninsured patients rising, the return on investable assets in the negative numbers and costs continuing to rise, it’s critical that healthcare organizations collect as much as possible from their receivables," said Nola Devitt, founder and CEO of A/R Recovery. "We’re pleased we can help so that our clients can continue to provide much-needed services to their patients and communities."
“This relocation is also a celebration of how far we’ve come in 10 years. We are excited about the opportunities that are available to us in one of the top financial centers in the world,” said Devitt.
In addition to the New York office, A/R Recovery has locations in Missouri, California, Florida, and Tennessee – serving clients throughout the U.S.
Press Contact:
Nola Devitt
212-537-6193
nola.devitt@arrecovery.com New York Office Address
7 East 8th St. #154
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