In the fast-paced world of restoration, maintaining a steady cash flow is crucial for the success of running a business. However, the challenges of justifying invoices with insurance companies and ensuring prompt payment can create significant hurdles. These tasks demand time, effort, and expertise that could be better utilized in other areas of your business. That’s where One Claim Solution (OCS) steps in as a trusted partner, providing specialized billing services to help contractors unlock the cash flow they deserve.
Waiting for insurance payments can disrupt a company’s financial stability and hinder its growth potential. OCS understands the urgency of maintaining a consistent cash flow and works diligently to expedite the payment process.
Madalyn Morgan is a Claims Team Lead for OCS and has worked as an insurance billing specialist for almost four years.
Madalyn helps lead a team of dedicated claim advocates who are dedicated to easing the burdens placed on contractors in regards to insurance billing. Through regular follow-ups with adjusters, prompt addressing of inquiries, and providing necessary documentation, her team goes above and beyond to ensure invoices receive the attention they require.
“We’re doing so much more than just checking off a box. We provide training to our team and give them hands-on experience in justifying claims,” Madalyn said. “We’re communicating with the adjusters, we’re looking at photos and we’re using very specific metrics to back our claims.”
By facilitating timely agreements and resolutions, OCS empowers contractors to access a more reliable cash flow, enabling them to cover operational expenses, invest in growth, and ultimately thrive in the restoration industry.
OCS specializes in enhancing the profitability of contractors by advocating for fair compensation in dealing with insurance adjusters. By crafting detailed justifications, providing comprehensive documentation, and leveraging their expertise, OCS significantly increases the chances of reaching favorable outcomes.
OCS also implements the use of proprietary software that ensures the smooth processing of claims by storing documents, capturing adjuster communication, and helping advocates track their work. All these features have helped advocates get their clients paid faster and receive the optimal return.
Jeremy Traasdahl, Co-owner of OCS, highlights that encountering hiccups in billing timeliness may result in delayed outcomes, extending the process by a month or two.
“What people don’t always consider when they’re falling behind due to being busy is that oftentimes, their expenses are going up,” Jeremy said. “But if you’re on top of your billing, you’ll know that your cash flow will be going down at the same time that you’re spending a lot of money.”
Knowing this information can help contractors make the right decisions in regards to their business and maintaining cash flow.
In the dynamic world of property damage restoration, cash flow is vital for businesses. At OCS, we understand the unique challenges in justifying invoices and waiting for insurance payments. Contact us to learn more about how businesses can unlock the cash flow they deserve.