AR Follow-Up Services
Securing payment for physician services is increasingly challenging. Medical practices face mounting pressure to enhance revenue and reduce operational costs, yet a considerable portion of billed amounts remains uncollected. Shockingly, only 70% of claims are resolved initially, with 30% denied, lost, or disregarded. Compounding the issue, 60% of these unresolved claims are never resubmitted to payers.
Traditionally, receivables were managed using a 30/60/90-day model, but this no longer suits today’s dynamic landscape. Each payer operates on its own timeline, rendering standardized models obsolete.
Traditionally, receivables were managed using a 30/60/90-day model, but this no longer suits today’s dynamic landscape. Each payer operates on its own timeline, rendering standardized models obsolete.
Acknowledging these hurdles, our A/R Follow-Up service is finely crafted to optimize your practice’s revenue. We spring into action as soon as claims are dispatched to insurers, leaving no claim overlooked. Our proactive stance ensures each claim receives personalized attention, expediting resolution.With our expertise and dedication to thorough follow-up, we safeguard your practice’s financial well-being, minimizing revenue loss due to overlooked claims.
Our AR Follow-Up Services Offer You:
Improve Cash Flow
By accelerating the collection process and reducing AR aging, we help you improve your cash flow and maintain financial stability.
Reduce Denials
By optimizing revenue cycles and minimizing billing errors, we empower DME providers to expand their business and reach new heights of success.
Enhance Efficiency
We streamline AR follow-up processes, leveraging advanced technology and industry best practices to optimize efficiency and minimize administrative burden.
Increase Revenue
By maximizing reimbursements and minimizing write-offs, our AR follow-up services help you maximize revenue and achieve your financial goals.