New Revenue Streams for Transit Agencies
Thriving public transportation is essential for our economy, environment, and everyday life. Tranova helps transit agencies generate flexible funds to expand and create programs that make life better for people and the planet.
Paratransit Reimbursement Program
Because paratransit is not only an unfunded mandate but also expensive to operate, it can be a financial burden on agency budgets. While some agencies have successfully offset the high cost of paratransit operations with reimbursement revenue from insurance plans such as Medicaid, establishing and operating such a reimbursement program has proven too complex and cumbersome for most agencies to undertake.
That’s why we started the Paratransit Reimbursement Program–to provide a turnkey service that makes it easy for transit agencies to receive reimbursement for qualified paratransit trips.
How It Works
Approvals
First we guide you through the approval process with the right reimbursement providers.
Operations
Next, we help you implement the necessary rider and trip qualification and tracking processes.
Billing
Then, we provide you with ongoing, full-service billing and reporting.
Why Adopt It
Low Risk
The program requires no capital investment and no monthly fixed expenses.
Helps Community
Reimbursed trips require no passenger fare, easing what can be a substantial financial burden on low-income,
high-usage riders.
Revenue Upside
What would an additional $30.00 on 15% of your one-way paratransit trips mean to your budget?
Who We Are
Jean Foletta
20+ years in transit management with an emphasis in paratransit / mobility
Tom Courts
30+ years in small business management with emphasis in technology and financial services
Ready to find out more?
Contact us today to learn more about how our Paratransit Reimbursement Program works, and how it can help your agency.