Healthcare Payment Specialists is a United States based company founded in 2002 that specializes in maximizing Medicare reimbursement through its innovative STINGRAY software platform. The platform addresses complex Medicare reimbursement issues, including Medicare Bad Debt, Medicare Disproportionate Share, Transfer DRG, and Shadow Billing Compliance. The STINGRAY SaaS solution enables hospitals to take control of their reimbursement process, resulting in reduced fees, improved outcomes, and regained data control.
The company has built partnerships with over 500 hospitals nationwide and has successfully delivered over $1.3 billion in additional Medicare reimbursement. Notably, all four STINGRAY product modules have received the prestigious Peer Reviewed designation from the Healthcare Financial Management Association (HFMA).
Healthcare Payment Specialists operates in the Financial Services and Health Care industries, providing both technology solutions and expert services to support hospitals in optimizing their Medicare reimbursement processes. While the company hasn't disclosed its last investment or investors, its track record and industry reputation position it as a compelling opportunity for potential investors seeking exposure to the healthcare and financial services sectors.
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