Collect Account Receivables on a Timely Manner & Get Paid on Time
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Highlights of our A/R Medical Billing Collections
- Our staffs are highly skilled and understand how to manage denials and analyze the reason for claim rejection, correct the claims and re-file without delay.
- We follow up on the accounts receivables at a timely manner and place priority on it so that we can ensure uninterrupted cash flow.
- For outstanding balance, the Accounts Receivable management team follow up with patients through phone calls and emails.
- One of our top qualities is that we conduct audits frequently to learn areas of improvement, check for problems, and assess risks.
- We examine denial patterns and find proper solutions to eradicate future occurrence of denials.
Medical billing, accounts receivable, and revenue cycle management are no longer handled by an in-house team. Billing professionals with certain skill sets are now required to handle A/R follow-ups.
Our staff of A/R experts has dealt with a variety of insurance carriers and is familiar with all of their policies. We make certain that our customers have no problems receiving money for the services they have rendered.
Stage 1: Initial Evaluation
The claims indicated on the A/R aging report are identified and analyzed at this stage. The team examines the provider’s policy and determines which claims should be denied.
Stage2 : Analysis and Prioritizing
This phase begins once claims that have been marked as uncollectible or claims for which the carrier has not paid according to the carrier’s negotiated rate with the healthcare provider have been recognized. We set which claims are to be prioritized and work on immediately.
After checking all relevant billing information, such as claims processing address and compliance with other medical billing rules, claims that are within the carrier’s filing limit are re-filed. Following the completion of the posting of payment details for pending claims, patient bills are prepared in accordance with client rules, and patients are contacted for payment.
Medical billing, accounts receivable, and revenue cycle management are no longer handled by an in-house team. Billing professionals with certain skill sets are now required to handle A/R follow-ups.
Our staff of A/R experts has dealt with a variety of insurance carriers and is familiar with all of their policies. We make certain that our customers have no problems receiving money for the services they have rendered.
Stage2 : Analysis and Prioritizing
This phase begins once claims that have been marked as uncollectible or claims for which the carrier has not paid according to the carrier’s negotiated rate with the healthcare provider have been recognized. We set which claims are to be prioritized and work on immediately.
After checking all relevant billing information, such as claims processing address and compliance with other medical billing rules, claims that are within the carrier’s filing limit are re-filed. Following the completion of the posting of payment details for pending claims, patient bills are prepared in accordance with client rules, and patients are contacted for payment.
Our Roles and Responsibilities as Your A/R Specialists
MedCal‘s healthcare accounts receivable services can assist your healthcare institution in properly managing its receivables. We will not only help you save money on operations, but we will also assist you improve your cash flow. MedCal can track outstanding receivable balances by client and due date, begin collections, and send regular reports on your pending claims.
Run Your Billing for Half the Cost
Are you looking to cut costs to your practice and bring more money in your door but you’re not sure how? Would your practice benefit from having $7,000 a month extra? If your answer is YES to either of these questions, then we are the company for you.