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Medical Billing AR Management Services Help Improve Cash Flow
Medical Billing AR Management Services Help Improve Cash Flow
Medical Billing AR Management Services Help Improve Cash Flow
Medical Billing AR Management Services Help Improve Cash Flow
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Medical Billing AR Management Services Help Improve Cash Flow

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Professional medical billing AR management services help improve cash flow and increase the profitability of health care practices …

Professional medical billing AR management services help improve cash flow and increase the profitability of health care practices

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  • 1. Medical Billing AR ManagementServices Help Improve Cash FlowThough providing efficient patient care is primary for a health care practice,proper AR management is crucialwhen it comes to keeping it afloat.Busy physician practices rarely havethe time to manage their ownfinancials and are increasinglyoutsourcing the work to medicalbilling service providers. Professionalmedical billing AR managementservices help improve cash flow andincrease the profitability of thepractice.Competent Medical Billing ServicesHealth care practices could lose a lot of money because on unpaid claims.Insurance companies reimburse only bills that are submitted in the properformat. Billing and coding errors result in non-payment, adding to theaccounts receivable of the practice. A medical billing company can helpavoid these issues and ensure that the medical practice maximizes itsrevenue. Services provided by a reliable outsourcing company include
  • 2. • Patient enrollment: All demographic and insurance information is checked to ensure that it is entered in correctly and in the proper format • Insurance verification: This involves obtaining the patients insurance details by calling the insurance payer or through online verification. All details are verified: payable benefits, patient details, pre- authorization number, co-pays, co-insurance details, deductibles, patient policy status, effective dates, plan details and much more • Coding: Diagnostic and treatment codes are assigned by AAPC (American Association of Professional Coders) coders who are up to date on coding procedures and compliance. They provide error-free coding services for all medical specialties • Charge capture, claims processing and scrubbing and payment posting: All charges are reviewed for accuracy. The claims are validated for patient information and codes and double checked before submission. ERA and EOB payments are posted daily, EOBs reviewed, and claims readied for follow-up.Timely Accounts Receivable ManagementServices
  • 3. A dependable medical billing company also aggressively pursues all unpaidinsurance claims. EOBs and claims are assessed, prioritized and followed upon immediately. Claim denials are evaluated and appealed if they areincorrect. No claim is ever written off without being appealed first. Theservice provider is well equipped to handle claim follow up. The follow upanalysis team contacts the insurance companies and effectively disputeunjustified denials.Partner with the Right Medical BillingCompanyEfficient medical billing and AR management services help improve clientcash flow by reducing days in accounts receivable and increasingreimbursement by reducing claim denials.If you are looking for medical billing and AR management services, see ifthe company offers the following service advantages: • Proper research of accounts to determine a suitable action plan • Continuing analysis of accounts • Regular QA checks • Daily, weekly and monthly status reports • 24/7 support technical support, with special assistance during emergencies
  • 4. • Competitive pricing that is at least 30% to 40% lower than market rates.There are firms that offer a free billing analysis too. Partnering with the rightservice provider ensures the best results.For More Information:OutSource Strategies InternationalUnited States Main Office8596 E. 101st Street, Suite HTulsa, OK 74133Phone 800-670-2809http://www.outsourcestrategies.com

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