Accounts Receivable Services For Healthcare
Most healthcare providers do not receive pending patient payments. We help you recover your practice’s lost revenue.
Your Practice's Financial Stability Starts With Us
Struggling with a high percentage of bad debts and write-offs? Want to grow your practice financially? We understand the challenges you are facing.
Medical Billing Solutions offers accounts receivable services to help you financially stabilize your practice. We collect your pending patient payments with delicacy, ensuring higher patient retention. Our medical accounts receivable service also help you with dispute resolution and AR management tasks, resulting in improved cash flow.
Unpaid Payments Are A Threat To Your Practice
Take a look at how pending patient payments pose a severe threat to your practice’s health and revenue cycle accounts receivable
Delays in paying hospital rents and taxes
Unhappy staff due to delays in salaries
Limits your growth opportunities
Causes financial stress
Disturbs your work-life balance
Impacts Of Our AR Recovery Services
Increased Revenue
Higher Patient Retention
Stress-free Practice
How We Simplify Payment Recovery?
Tracking Accounts Receivable
Our dedicated AR specialist and healthcare receivables management monitors all incoming payments, including claim submissions, copays, self-pays, coinsurance, etc. We wait 30 days before raising a red flag for any pending payment or denied claim.
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Accounts Receivable Follow-up
Next comes our follow-up team, which reaches out to the payor or the patient whose payment has been pending for over a month. We handle such situations delicately to ensure the bill is paid and the patient’s self-respect is not hurt.
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Insurance Verification
Our team also handles your payment processes to avoid any complications later. We verify your patients’ insurance coverage upon their arrival. Verifying insurance beforehand saves you a lot of time and prevents misunderstandings.
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Payment Posting
Our medical account receivable management solutions also include updating the pending bills on the account receivable medical billing software as soon as they are paid. We keep your payment record transparent by regularly posting payments as soon as you receive them.
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The Secret To Your Practice's Financial Health
Quick Turnaround Times
We ensure faster turnaround on denied claims and outstanding pending payments.
Professional Team
We have professional AR experts who come with years of experience.
Reasonable Pricing
We offer reasonable pricing models for practices of different sizes.
Accurate & Efficient
Our experts ensure accuracy and efficiency while dealing with receivables.
HIPAA-Compliant Accounts Receivable Services
Complying with HIPAA regulations is crucial for every practice. Each member of our team is a qualified expert with proper training for complying with HIPAA rules while providing high-quality AR services. We also ensure you follow the rules set by the government and other authorities in your area. Our medical accounts receivable services are trusted by clinics nationwide.
What Healthcare Providers Say About Medi Billing
Frequently Asked Questions
We train our AR recovery specialists on how to maximize reimbursements while ensuring patient retention. Moreover, we prioritize patient satisfaction to ensure the safety of your relationship with the patient.
We know how crucial patient privacy is for healthcare providers. Adhering to HIPAA guidelines helps us protect your patients' personal data. We also follow the government's instructions on patient security to protect your practice from any security breaches.
Our account receivable experts are always ready to take over your extra burden. We take a maximum of three days to initiate the working on your accounts receivables.
Yes, we have a complete team of medical billers and coders who can handle all your practice finances. Our billers and coders can manage medical billing, coding, claim submission, denial management, and all other billing-related tasks.
