Your workers' comp claims are closing out at a loss — and we're here to fight for every dollar owed.
Healthsource Consultants manages and recovers the workers' compensation revenue hospitals and physician networks assume is already collected. On average, that's 12% of every closed claim.
Workers' comp is the receivable finance teams trust the most — and review the least.
Unlike Medicare or commercial payer claims, workers' comp is governed state-by-state, handled outside standard billing workflows, and rarely gets a second look once it's closed. That gap is where revenue disappears.
A maze of state-by-state regulation
Fee schedules, filing deadlines, and appeal windows differ by state and change often — far more complex than billing Medicare or commercial insurance.
Revenue leakage nobody's watching
With so many competing priorities, most hospitals have no dedicated resource verifying whether workers' comp claims were paid correctly — or paid at all.
Expertise that takes years to build
Recovering underpaid or denied workers' comp claims requires state-specific knowledge most revenue cycle teams don't have time to develop in-house.
We put workers' compensation to work for you.
Most engagements start with Day Forward — we step in as claims are posted, whether that's day 1 or day 90. From there, a closer look back at recently closed claims often follows, and we stay on as a permanent extension of your team.
Day Forward
- Flexible entry point — day 1, or whenever you're ready to hand claims off
- Ongoing claim monitoring and faster follow-up on aging claims
- Correction of bad contractual adjustments before they post
- Improved collections cadence without adding headcount
Zero Review
- Review of a sample of closed or written-off comp claims
- Identification of underpayments against state fee schedules
- Flagging of denials still within appeal windows
- No claim touched without your sign-off
Partner
- Works alongside Epic, Meditech, and most major HIS/EHR platforms
- Reporting built for finance leadership, not just billing staff
- No disruption to existing payer or Managed Care relationships
- Single point of contact for your CFO and revenue cycle director
A triple effect on operating margin — not just a recovery check.
Workers' comp recovery touches all three levers of operating margin: it adds revenue you've already earned, corrects adjustments that shouldn't have been taken, and frees your team's time from a process that isn't their core expertise.
- Revenue — we recover missed workers' comp dollars from closed and active claims.
- Adjustments — we catch contractual write-downs that shouldn't apply; state fee schedules are sometimes more favorable than Managed Care terms.
- Expenses — we free your FTEs to focus on the payer relationships that need them most.
Founded in 1997. Focused on one thing since day one.
Healthsource Consultants was founded to solve a single problem: hospitals were leaving workers' compensation revenue on the table, and no one had built a firm dedicated to getting it back. Nearly three decades later, that's still our entire business.
We're a privately held U.S. company based in Fort Worth, Texas, with a national client base and a team whose sole focus is workers' comp recovery — not a side line inside a broader RCM shop.
Let us be your first — or second — set of eyes.
Our goal is to become your workers' compensation department from day 1, the moment a claim is posted — and we're just as ready to step in at day 30, 60, or 90. Tell us a bit about your organization and we'll follow up to schedule an evaluation. We only bill against revenue we actually recover.
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