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Medical Claims Recovery and Denial Solutions

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Namestring
Medical Claims Recovery and Denial Solutions
Legal namestring
Medical Claims Recovery and Denial Solutions, LLC
Websiteurl
mcrds.com
Company typeenum
Private
Founded yearint
2008
Descriptiontext

Medical Claims Recovery and Denial Solutions (MCR&DS) is a founder-owned LLC established in 2008 and headquartered in Cranford, New Jersey. The firm specializes in medical claims appeals and recovery services on a contingency basis, working denied or underpaid claims on behalf of healthcare providers. The company is led by founder Letty Carroll, a Registered Nurse (RN), Certified Care Manager, and trained ERISA Appeals specialist, and the team collectively brings 80+ years of combined experience in claims recovery.

The company serves a diverse base of healthcare clients across all 50 states, including skilled nursing facilities, rehabilitation centers, acute care hospitals, specialty medical practices (radiology, pain management, physical therapy, surgical), and workers' compensation cases. Named clients include Cayuga County Nursing Home, Park Manor Rehabilitation, Syracuse Home Association, Radiology Specialists Ltd, Braxton Health Care Center, Forest Manor Health Care Center, Liberty Mutual Insurance, and Horizon Casualty Services. The service model is explicitly manual and human-expertise-driven: MCR&DS does not operate a proprietary technology platform, and the value proposition rests on clinical credentials, ERISA appeals expertise, and recovery execution rather than software automation.

MCR&DS operates with a small team of 1–10 employees, generating revenue through contingency fees tied to successfully recovered claims. The go-to-market relies on direct relationships, customer referrals, and testimonial-driven demand within the post-acute and specialty provider community. There is no public funding history, no acquisition activity, and no disclosed revenue figures. The business model is asset-light, with no notable technology infrastructure beyond standard office productivity tools, positioning the firm as a specialized professional services boutique rather than a technology-enabled healthcare revenue cycle vendor.

Short descriptiontext

Medical Claims Recovery and Denial Solutions is a contingency-based medical claims appeals and recovery firm serving nursing homes, hospitals, specialty practices, and workers' comp cases across all 50 states with a small expert team.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersPortland, United States
HQ citystring
Portland
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
medical claims recovery, denial management, healthcare revenue cycle, insurance appeals management, claims denial resolution
Industry3 codes
1Denials Management & Appeals
CodeHLACACAHPrimaryYes
2Medical Debt Collection & Revenue Cycle Bad-Debt Recovery
CodeFSAKAJAMPrimaryNo
3Subrogation, Recovery & Coordination of Benefits (COB) Support
CodeBPAAAFAGPrimaryNo
NAICS code1 code
  • Collection Agencies56144
SIC code1 code
  • Services-Health Services8000
Product category
Healthcare Revenue Cycle Management
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Contingency-based Claims Recovery
TypeUsage Based
Description

MCR&DS operates exclusively on a contingency fee basis. The company charges no startup fees and only receives payment when unpaid or denied medical claims are successfully recovered and paid by insurance companies. This aligns the company's incentives directly with client outcomes and eliminates upfront financial risk for clients.

mcrds.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components3 values
Personnel, Operations, Marketing or Sales
Pricing details1 tier
1Contingency-based pricing with no upfront costs
ModelOutcome Based/ PerformanceBilling cadenceMonthly
Notes

No start-up fee. Only charged when unpaid claims are successfully recovered and paid. No minimum number of claims required. Client decides which claims to assign for recovery.

mcrds.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Medical Claims Recovery and Denial Solutions recovers revenue for healthcare providers from denied or underpaid medical insurance claims. Services include denial root-cause analysis, appeals preparation and submission, payer negotiation, and ongoing denial trend reporting, delivered on a contingency-fee basis so the firm is paid only on dollars actually recovered. The target client base comprises nursing homes, hospitals, and physician practices struggling with payer denials.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Denied or untimely claims can represent 20 to 40 percent of revenue over three years
+2 more records
Product overview1 text field

Medical Claims Recovery and Denial Solutions (MCR&DS) offers a unified service platform focused on medical claims appeals and follow-up for denied and unpaid claims. The company operates with three integrated service offerings: Appeals and Follow-Up Services (handling aging Account Receivables through timely filed appeals), Insurance Reimbursement Specialist Services (leveraging over 80 years of combined experience in claims management and billing/coding), and Specialty Medical Claims Services (customized solutions for various healthcare facilities including nursing homes, hospitals, surgical centers, and rehabilitation practices). All services are delivered on a contingency basis with no upfront cost to clients.

Product and service1 record
1Medical Claims Denial Recovery
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

R1 RCM is one of the largest outsourced revenue cycle management providers to US health systems, offering denial management among other services. It overlaps with MCR&DS on the denial appeals and accounts receivable recovery stack at much larger scale and contractual scope.

TypeDirect peer
Description

Zotec Partners provides billing, coding, denials, and RCM services to physician practices and radiology/specialty groups. Its specialty practice orientation and denial-appeals focus make it operationally comparable to MCR&DS's specialty claims recovery offerings.

TypeDirect peer
Description

Aspirion is a denial-focused revenue cycle vendor that recovers underpaid, denied, and aged claims for hospitals and health systems on a contingency basis. Like MCR&DS, it specializes in complex denial appeals (clinical and technical), making it the closest comparable in business model and service scope.

TypeEmerging player
Description

PMMC, operating within the Availity ecosystem, focuses on patient access, eligibility, and denial prevention/management for hospital and provider clients. It targets the same denial-reduction value proposition as MCR&DS but through technology and analytics rather than outsourced appeals.

TypeDirect peer
Description

HAP provides RCM, denial management, and accounts receivable recovery services tailored to hospital-based physician groups and specialty practices. Comparable to MCR&DS in targeting specialty providers and nursing facilities with denial recovery and appeals workflows on an outsourced basis.

TypeBroad incumbent
Description

Experian Health provides claims management, denial/appeal automation, and payer connectivity used by hospitals and large provider groups. It overlaps with MCR&DS on claim denial recovery but operates at much greater scale and via technology platforms.

TypeEmerging player
Description

AKASA builds AI-driven RCM automation targeting denial management and appeals for hospitals and health systems. Same end customers and pain points as MCR&DS (denials, aging A/R) but with a technology-enabled, automation-led delivery model rather than human review.

TypeBroad incumbent
Description

Waystar is a large healthcare payment and RCM software platform with denial management and claims processing modules. It competes for the same denial management budget that MCR&DS taps, but addresses it with end-to-end SaaS rather than outsourced appeals services.

TypeDirect peer
Description

Coronis Health offers end-to-end medical billing, RCM, and denial management services for hospitals, physician groups, and long-term care providers. Comparable long-term/specialty provider focus and contingency-friendly service lines overlap directly with MCR&DS.

TypeDirect peer
Description

Aviacode is a coder-driven medical coding and denial support vendor serving hospitals, physician groups, and surgical practices. Its specialty coding and appeals focus for complex procedure-heavy claims is operationally similar to MCR&DS's clinical-knowledge-led appeals model.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Medical Claims Recovery and Denial Solutions

Healthcare Revenue Cycle Managementmcrds.com

Medical Claims Recovery and Denial Solutions is a contingency-based medical claims appeals and recovery firm serving nursing homes, hospitals, specialty practices, and workers' comp cases across all 50 states with a small expert team.

What Medical Claims Recovery and Denial Solutions does

Medical Claims Recovery and Denial Solutions (MCR&DS) is a founder-owned LLC established in 2008 and headquartered in Cranford, New Jersey. The firm specializes in medical claims appeals and recovery services on a contingency basis, working denied or underpaid claims on behalf of healthcare providers. The company is led by founder Letty Carroll, a Registered Nurse (RN), Certified Care Manager, and trained ERISA Appeals specialist, and the team collectively brings 80+ years of combined experience in claims recovery.

The company serves a diverse base of healthcare clients across all 50 states, including skilled nursing facilities, rehabilitation centers, acute care hospitals, specialty medical practices (radiology, pain management, physical therapy, surgical), and workers' compensation cases. Named clients include Cayuga County Nursing Home, Park Manor Rehabilitation, Syracuse Home Association, Radiology Specialists Ltd, Braxton Health Care Center, Forest Manor Health Care Center, Liberty Mutual Insurance, and Horizon Casualty Services. The service model is explicitly manual and human-expertise-driven: MCR&DS does not operate a proprietary technology platform, and the value proposition rests on clinical credentials, ERISA appeals expertise, and recovery execution rather than software automation.

MCR&DS operates with a small team of 1–10 employees, generating revenue through contingency fees tied to successfully recovered claims. The go-to-market relies on direct relationships, customer referrals, and testimonial-driven demand within the post-acute and specialty provider community. There is no public funding history, no acquisition activity, and no disclosed revenue figures. The business model is asset-light, with no notable technology infrastructure beyond standard office productivity tools, positioning the firm as a specialized professional services boutique rather than a technology-enabled healthcare revenue cycle vendor.

Medical Claims Recovery and Denial Solutions firmographics

Firmographics
Name
Medical Claims Recovery and Denial Solutions
Legal name
Medical Claims Recovery and Denial Solutions, LLC
Website
https://mcrds.com
Company type
Private
Founded year
2008
Operating status
Operating
Headcount range
1–10 employees
Short description
Medical Claims Recovery and Denial Solutions is a contingency-based medical claims appeals and recovery firm serving nursing homes, hospitals, specialty practices, and workers' comp cases across all 50 states with a small expert team.
Ownership category
akta.pro rank

Medical Claims Recovery and Denial Solutions industry classification

Industry
Product category
Healthcare Revenue Cycle Management
NAICS
Collection Agencies (56144)
SIC
Services-Health Services (8000)
akta.pro primary industry
Denials Management & Appeals (HLACACAH)
akta.pro secondary industries
Medical Debt Collection & Revenue Cycle Bad-Debt Recovery (FSAKAJAM), Subrogation, Recovery & Coordination of Benefits (COB) Support (BPAAAFAG)

Keywords

  • Medical claims recovery
  • Denial management
  • Healthcare revenue cycle
  • Insurance appeals management
  • Claims denial resolution

Where Medical Claims Recovery and Denial Solutions is headquartered

Location

Headquarters

HQ city
Portland
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Medical Claims Recovery and Denial Solutions business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales

Revenue model

  1. Contingency-based Claims Recovery: MCR&DS operates exclusively on a contingency fee basis. The company charges no startup fees and only receives payment when unpaid or denied medical claims are successfully recovered and paid by insurance companies. This aligns the company's incentives directly with client outcomes and eliminates upfront financial risk for clients.

Pricing tiers

ModelBillingPrice
Outcome Based/ PerformanceMonthlyContingency-based pricing with no upfront costs

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Medical Claims Recovery and Denial Solutions product offering

Product offering

Core offering

Medical Claims Recovery and Denial Solutions recovers revenue for healthcare providers from denied or underpaid medical insurance claims. Services include denial root-cause analysis, appeals preparation and submission, payer negotiation, and ongoing denial trend reporting, delivered on a contingency-fee basis so the firm is paid only on dollars actually recovered. The target client base comprises nursing homes, hospitals, and physician practices struggling with payer denials.

Product overview

Medical Claims Recovery and Denial Solutions (MCR&DS) offers a unified service platform focused on medical claims appeals and follow-up for denied and unpaid claims. The company operates with three integrated service offerings: Appeals and Follow-Up Services (handling aging Account Receivables through timely filed appeals), Insurance Reimbursement Specialist Services (leveraging over 80 years of combined experience in claims management and billing/coding), and Specialty Medical Claims Services (customized solutions for various healthcare facilities including nursing homes, hospitals, surgical centers, and rehabilitation practices). All services are delivered on a contingency basis with no upfront cost to clients.

Differentiator

Problem solved

Functional benefit

Products and services

  • Medical Claims Denial Recovery

Quantifiable outcome

  • Denied or untimely claims can represent 20 to 40 percent of revenue over three years
  • +2 more outcomes

Companies that use Medical Claims Recovery and Denial Solutions

Customer profile

Named customers8 records

Segments4 records

Ideal customer profiles1 record

Medical Claims Recovery and Denial Solutions technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Medical Claims Recovery and Denial Solutions partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Medical Claims Recovery and Denial Solutions competitors and assessment

Company assessment

Broad incumbents

  • R1 RCM: R1 RCM is one of the largest outsourced revenue cycle management providers to US health systems, offering denial management among other services. It overlaps with MCR&DS on the denial appeals and accounts receivable recovery stack at much larger scale and contractual scope.
  • Experian Health: Experian Health provides claims management, denial/appeal automation, and payer connectivity used by hospitals and large provider groups. It overlaps with MCR&DS on claim denial recovery but operates at much greater scale and via technology platforms.
  • Waystar: Waystar is a large healthcare payment and RCM software platform with denial management and claims processing modules. It competes for the same denial management budget that MCR&DS taps, but addresses it with end-to-end SaaS rather than outsourced appeals services.

Direct peers

  • Zotec Partners: Zotec Partners provides billing, coding, denials, and RCM services to physician practices and radiology/specialty groups. Its specialty practice orientation and denial-appeals focus make it operationally comparable to MCR&DS's specialty claims recovery offerings.
  • Aspirion: Aspirion is a denial-focused revenue cycle vendor that recovers underpaid, denied, and aged claims for hospitals and health systems on a contingency basis. Like MCR&DS, it specializes in complex denial appeals (clinical and technical), making it the closest comparable in business model and service scope.
  • HealthCare Administrative Partners: HAP provides RCM, denial management, and accounts receivable recovery services tailored to hospital-based physician groups and specialty practices. Comparable to MCR&DS in targeting specialty providers and nursing facilities with denial recovery and appeals workflows on an outsourced basis.
  • Coronis Health: Coronis Health offers end-to-end medical billing, RCM, and denial management services for hospitals, physician groups, and long-term care providers. Comparable long-term/specialty provider focus and contingency-friendly service lines overlap directly with MCR&DS.
  • Aviacode (now part of Optum): Aviacode is a coder-driven medical coding and denial support vendor serving hospitals, physician groups, and surgical practices. Its specialty coding and appeals focus for complex procedure-heavy claims is operationally similar to MCR&DS's clinical-knowledge-led appeals model.

Emerging players

  • PMMC (now Availity Essentials): PMMC, operating within the Availity ecosystem, focuses on patient access, eligibility, and denial prevention/management for hospital and provider clients. It targets the same denial-reduction value proposition as MCR&DS but through technology and analytics rather than outsourced appeals.
  • AKASA: AKASA builds AI-driven RCM automation targeting denial management and appeals for hospitals and health systems. Same end customers and pain points as MCR&DS (denials, aging A/R) but with a technology-enabled, automation-led delivery model rather than human review.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

Medical Claims Recovery and Denial Solutions social profiles

Digital presence

Medical Claims Recovery and Denial Solutions financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Medical Claims Recovery and Denial Solutions leadership team

Management profile

Number of profiles

Profiles1 record

Medical Claims Recovery and Denial Solutions funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Medical Claims Recovery and Denial Solutions M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medical Claims Recovery and Denial Solutions

What does Medical Claims Recovery and Denial Solutions do?

Medical Claims Recovery and Denial Solutions recovers revenue for healthcare providers from denied or underpaid medical insurance claims. Services include denial root-cause analysis, appeals preparation and submission, payer negotiation, and ongoing denial trend reporting, delivered on a contingency-fee basis so the firm is paid only on dollars actually recovered. The target client base comprises nursing homes, hospitals, and physician practices struggling with payer denials.

Is Medical Claims Recovery and Denial Solutions a public or private company?

Medical Claims Recovery and Denial Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Medical Claims Recovery and Denial Solutions founded?

Medical Claims Recovery and Denial Solutions was founded in 2008. It employs 1 to 10 people.

Where is Medical Claims Recovery and Denial Solutions based?

Medical Claims Recovery and Denial Solutions is headquartered in Portland, United States, in the North America region.

How does Medical Claims Recovery and Denial Solutions make money?

One revenue line is on record: contingency-based Claims Recovery.

Who are Medical Claims Recovery and Denial Solutions's main competitors?

Broad incumbents on record are R1 RCM, Experian Health and Waystar. Direct peers are Zotec Partners, Aspirion, HealthCare Administrative Partners, Coronis Health and Aviacode (now part of Optum). Emerging players are PMMC (now Availity Essentials) and AKASA.

Does Medical Claims Recovery and Denial Solutions have an API?

No public API is recorded for Medical Claims Recovery and Denial Solutions.

What industry is Medical Claims Recovery and Denial Solutions in?

Medical Claims Recovery and Denial Solutions's product category is Healthcare Revenue Cycle Management. Its primary akta.pro industry code is HLACACAH, Denials Management & Appeals, with a secondary code of FSAKAJAM, Medical Debt Collection & Revenue Cycle Bad-Debt Recovery. Its NAICS code is 56144 and its SIC code is 8000.

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