News for Agent

Daily business news: funding, M&A, launches

Contracts & Customers

CollectionPro Services Adds Orthopedic Provider Client Starting With $449,000 Billed-Charge Claim

By ·

Key takeaways

  • CollectionPro Services secured an orthopedic provider engagement beginning with a claim carrying approximately $449,000 in billed charges.
  • The orthopedic provider reports estimated annual billed charges of $30 million to $40 million and typical case charges of $60,000 to $90,000.
  • CollectionPro Services has filed more than 10,000 out-of-network arbitrations across the United States and reports a 92% dispute success rate in IDR arbitrations.

CollectionPro Services has secured an engagement with an orthopedic provider that begins with a claim carrying approximately $449,000 in billed charges, according to a 24-7 Press Release announcement dated November 4, 2026. The provider reports estimated annual billed charges of $30 million to $40 million.

CollectionPro Services' Orthopedic IDR Engagement

CollectionPro Services is a privately held New York-based healthcare revenue recovery firm that handles out-of-network claim disputes and legacy accounts receivable recovery for US healthcare providers through No Surprises Act Independent Dispute Resolution arbitration, according to company records. The new client has selected the company for IDR support, and its typical billed charges range from $60,000 to $90,000 per case.

The announcement states that the provider's annual billed charges describe its overall billing scale and do not represent the value of claims assigned to CollectionPro Services or an expected recovery amount. It also states that the initial claim's billed charges should not be presented as an award or collection result.

"Earning the trust of an orthopedic provider with billing operations of this scale is a proud achievement for CollectionPro," said David, a spokesperson for CollectionPro. "The client has chosen to begin with a claim carrying approximately $449,000 in billed charges."

CollectionPro Services' Arbitration Record

According to akta.pro company records, CollectionPro Services operates a dedicated No Surprises Act IDR arbitration service with more than 10,000 filed cases and a 92% dispute success rate. The same records put the industry average at approximately 35%.

The records also list a 2025 launch of an aged accounts receivable recovery service that can re-open and re-file claims up to 3 years old, and a 2025 expansion of payer-based collections covering Medicare, Medicaid and commercial insurer receivables. A case study in the records describes a plastic surgeon collecting $396,000 against a payer's $10,099 offer.

What Comes Next for CollectionPro Services

The announcement describes the engagement as beginning with the initial claim and says the company will build on the relationship through its work on that matter. CollectionPro Services' own announcement frames the engagement as an addition to its orthopedic client portfolio.

Companies in this story

Sources

Machine-readable: Markdown · JSON