Accounts Receivable Management Services
PrimeCare MBS understand the challenges that healthcare providers face in getting paid for their services. We provide comprehensive and efficient accounts receivable (AR) management services customized as per the needs of your practice. We have a team of experienced professionals who will work with you to collect your payments in a timely and efficient manner.
Our Accounts Receivable (AR) Management Services
Our AR management approach helps healthcare providers get paid faster so they can focus on care. Here are the key steps we follow:
- Identifying Accounts Receivable: We begin by precisely identifying all outstanding accounts receivable owed to healthcare providers, which encompass balances from patients, insurance companies, and other payers.
- Tracking Accounts Receivable: We monitor the status of each account, the amount owed, and due dates, ensuring that nothing slips through the cracks.
- Sending Statements: We diligently send regular statements to patients and payers on behalf of healthcare providers.
- Following Up on Past Due Accounts: If an account becomes past due, our experienced team starts sending reminder letters.
- Writing off Uncollectible Accounts: As per instructions of the providers, we write off uncollectible accounts.
With these steps, we can minimize denials, maximize reimbursements, and alleviate the burden of denial resolution from healthcare providers.
Benefits of Our Accounts Receivable (AR) Management Services
Improved Cash Flow
Reduced Bad Debt
Reduced Write-offs
Patient Retention
To learn more about our accounts receivable (AR) management services, please call us or fill out the inquiry form and see how we can help. We would be happy to answer any of your questions and provide you with a free quote.