Accounts Receivable Conversion Services
Accounts Receivable Analysis & Calling Services
In AR analysis, the account receivable summary plays an important role. This AR summary will help you see who owes you money, how much each customer owes, and who is past their due date. The AR summary can assess your receivables in many ways, including by individual patient, by insurance plan, and by payer class.
Accounts Receivables is a coherent aspect of RCM and itself a complex step. Our A/R services are a blend of managing each step that adds to the revenue collection. It is a series of careful considerations, analysis, and metrics to give you descriptive, predictive and prescriptive insights into managing better A/R.
Analysis of A/R can render deep insights that help you modify other steps of the RCM in order to improve cash flow. Each claim is considered as a value-adding a point in the A/R system. Reviewing each claim by our experts ensures improved reimbursements.
Certain claims may require re-submission with additional documentation. Denials need to be queued and managed separately.
Our AR Calling staff can ensure that claims are paid as quickly as possible so that the healthcare professionals can focus on delivering world-class medical services rather than performing management tasks. Some of the services that fall under our AR calling services include.
Track Unpaid Insurance Claim
If you want to maximize the payment that you are entitled to and in the shortest possible time, then, you must outsource AR calling services to us. Our expert healthcare support team can help you maintain low average AR days by diligently following up with the medical insurance company and patients for any impending settlement amount.
Manage Patient’s Collectible
If you are dissipating valuable resources to manage the patient’s collectible, but not getting the intended outcome, then, do not worry, we can help you with the collections,
payments, etc. This will streamline the entire process of administrating the patient’s collectible and ensuring that you recuperate from the financial constraint.
Track Electronic and Paper Claim
Our AR analysts can proficiently monitor the receivables while ensuring that it remains within control. They can efficiently track each electronic and paper claim. They are also vigilant while handling the rejections from a clearinghouse/carrier.
Generate AR Reports
Our AR calling experts can assist you to create monthly/quarterly/yearly financial reports on the account receivables. This will assist you in distinguishing the collectibles & non-collectibles and also in the identification of co-insurance along with its calculations.