Profit Line is recognized in the healthcare industry as a leader in providing managed care financial operations solutions to hospitals and healthcare systems. Founded in 1989 by a Southern California hospital CFO, Profit Line specializes in auditing managed care claims and recovering lost revenue. Richard Muhlhauser, CEO, founded Profit Line in 1989 in response to the fiscal demands that were being placed on Southern California hospitals by the highly competitive managed care market. Healthcare systems began encountering complex contract terms along with pressure to increase discounts. Dwindling profit margins became a reality with the growth in managed care volume. Exposure to contractual underpayments skyrocketed. Mr. Muhlhauser created an organization comprised of seasoned professionals to identify and recover managed care underpayments for healthcare systems throughout the United States without financial risk. Virtually every healthcare system with managed care contracts experiences underpayments. Industry experts estimate that in today's market 9 out of every 100 managed care claims are not paid correctly the first time and that 5% OF ALL NET MANAGED CARE REVENUE IS NEVER RECOVERED BY THE PROVIDERS.
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Neighborhoods
Henderson, Green Valley South
Category
Hospital & Nursing Home Consultants
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