Healthcare Legal Solutions, LLC (HLS) is a legal collections firm founded in 2003, specializing in third-party payer collections for hospitals and health systems. HLS focuses on resolving third-party problematic claims, including delayed, denied, or underpaid claims from payers such as Medicare, Medicaid, MCOs, Commercial, Blue Cross, and ERISA plans. The company offers appeals and intensive follow-up programs to supplement the efforts of hospital revenue cycle and case management departments, with a specialization in the collection of older receivables that require specialized legal expertise. This expertise translates to a significant 30-60% increase in net additional revenue over in-house and industry standard bad-debt processes.
HLS's slogan emphasizes its core competence: "HLS submits appeals for denied, complex, and underpaid hospital claims so providers can maximize reimbursement." The company operates in the Health Care industry and aims to maximize reimbursement for healthcare providers by addressing claim issues with third-party payers.
Currently, specific information regarding headquarters, last investment, and last investment investors is not available. However, HLS's unique value proposition lies in its ability to strategically address and rectify third-party payer challenges, potentially positioning it as an attractive investment opportunity for venture capital firms seeking to tap into the healthcare industry's revenue optimization segment.
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