Overview
What is Network Recovery Services Inc?
Network Recovery Services Inc, located in New York, is a nonprofit organization dedicated to supporting various healthcare entities, such as the New York and Presbyterian Hospital, through patient advocacy and various assessments and services. Their mission encompasses call center services, charity care assessments, eligibility determinations for healthcare coverage including Medicaid, early out services, medical record coding, accounts receivable follow-up, and other revenue cycle-related tasks. The organization's workforce comprises 204 employees. They contribute significantly to the healthcare sector by enhancing the administrative and support functions of related entities.
Is Network Recovery Services Inc legitimate?
Network Recovery Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Network Recovery Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $702,066
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,596,317
For more financial information, click here
Mission Statement of Network Recovery Services Inc
Network Recovery Services Inc is a mission-driven organization dedicated to supporting various healthcare entities by offering patient advocacy and a range of assessment and service solutions. With a focus on enhancing the functionality of related healthcare institutions, Network Recovery Services, Inc. provides invaluable assistance to renowned organizations such as the New York and Presbyterian Hospital.
Network Recovery Services, Inc. plays a crucial role in ensuring the optimal operation of healthcare entities by offering various essential services. Their patient advocacy program empowers patients by providing them with guidance, resources, and support throughout their healthcare journey. Additionally, they run a call center, efficiently managing communications and addressing inquiries from patients and healthcare professionals alike.
Beyond patient advocacy and call center services, Network Recovery Services, Inc. offers comprehensive assessments and determinations of eligibility for healthcare coverage, including Medicaid. This valuable service enables healthcare entities to efficiently process applications and streamline their healthcare coverage processes. Furthermore, Network Recovery Services, Inc. offers early out services, medical record coding, accounts receivable follow-up services, and other revenue cycle-related services, capitalizing on opportunities as they arise. Their extensive portfolio of services ensures that healthcare entities receive the support they need to thrive and better serve their patients.
Impact
This information is meant to be a general summary of Network Recovery Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Network Recovery Services Inc's impact is significant in supporting various related health care entities, such as the New York and Presbyterian Hospital, by providing essential services. These services include patient advocacy, call center support, charity care assessments, determining eligibility for health care coverage like Medicaid, early out services, medical record coding, accounts receivable follow-up services, and other revenue cycle-related services. By offering these vital functions, Network Recovery Services Inc plays a crucial role in ensuring efficient operations and patient care within the healthcare sector.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COLLECTION REVENUE
Revenue
$44,936,995
Organization Details
Founding Year
1993
Phone
(212) 297-4255
Main Address
525 E 68TH STREET BOX 156, NEW YORK, NY, 10065
NTEE Category
Code: E80 - Health
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