Wakefield & Associates

Overview

Wakefield & Associates is a United States-based company operating within the Business Services sector, specifically focusing on debt collection and financial services. Founded in 1982, the company employs between 501 and 1,000 individuals and reported revenues of approximately $89.8 million. Wakefield & Associates offers specialized solutions aimed at maximizing payor reimbursements and minimizing patient billing issues. Their subsidiary, Collect Rx, provides services that include the analysis of processed claims to identify opportunities for appeal, particularly for out-of-network claims with major payors such as UnitedHealthcare, Cigna, and Aetna. The company emphasizes a collaborative approach with billing teams to enhance recovery rates through negotiations and appeals, as evidenced by case studies showcasing significant financial recoveries for clients. The limited document corpus indicates a focus on real-world applications and outcomes in the healthcare billing sector, highlighting their expertise in navigating complex insurance processes to optimize financial performance for healthcare providers.

Industry