Fast-Track Your Claim Reimbursement
Healthcare organizations often face administrative challenges due to outstanding claims and delayed collections, compounded by denials and refusals from insurance companies and increasing federal regulations. This pressure necessitates proactive management of denied or appealed claims and improving the AR management service process to address issues before they escalate.
Are your A/R backlog and AR days falling short of industry standards? Are you constrained by resources when managing accounts receivable? Do your current processes result in ineffective write-off policies and closures? If so, outsourcing your AR Management services to HealthIQ Solutions could be the ideal solution.
HealthIQ Solutions is your strategic partner, offering comprehensive AR Management Services designed to tackle these critical challenges. We understand the complexities of accounts receivable, from navigating denied claims and resolving discrepancies to optimizing collections. Our expertise includes reducing A/R backlog through streamlined processes and implementing efficient strategies aligned with industry best practices. We don’t just manage accounts; we optimize your revenue cycle by ensuring effective closures, minimizing write-offs, and enhancing overall collections.
By outsourcing AR Management Services to HealthIQ Solutions, your organization can effectively address receivables, improve collections, and streamline processes. Our proficiency in resolving issues promptly and proactively fosters financial stability and operational efficiency.
AR Management Capabilities Include:
- Expertise in Physician and Hospital A/R
- Aggressive A/R Follow-up
- Time-Tested Best Practices
- Appeal Calling Capability
Service Highlights:
- A/R strategies based on payer mix, dollar value, TFL, etc.
- Continuous follow-up with insurance companies
- Initiation of claim actions such as rebilling and filing appeals
- Documented write-off or adjustment policies
- Proprietary A/R workflow management system
- Periodic review of A/R KPI metrics
Benefits:
- Increased collections by 7% and reduced A/R days by 20%
- Effective collaboration between onshore and offshore teams
- A/R productivity that exceeds industry benchmarks
- Adherence to SQC across all clients
- Web-based reporting for enhanced work transparency
- 30% reduction in costs associated with A/R follow-ups