Accounts Receivable
(AR)
Management
CHOOSE US FOR
BEST A/R
Optimize your practice’s revenue with our comprehensive accounts receivable (A/R) management solutions. We streamline your A/R processes, reduce outstanding balances, and enhance cash flow. Reach out to us today to discover how we can boost your financial stability while allowing you to focus on delivering quality patient care
Account Receivable
Account Receivable
Accounts receivable services in medical billing involve managing and monitoring payments owed to healthcare providers. This includes tracking unpaid claims, following up with insurance companies, and ensuring timely reimbursement. By efficiently handling accounts receivable, healthcare providers can improve cash flow, reduce outstanding balances, and enhance the financial health of their practice.
Streamlining Accounts
Receivable Management
Benefits of Joining Us
At MB Med Bills Inc. Medical Billing, we focus on how patients are checked in, handle insurance claims, and get payments. It helps healthcare providers have more revenue available, spend less, and keep patients happier
Our team works closely with healthcare centers to ensure claims are submitted correctly and quickly. We focus on helping them grow their income in the long run.
Our coders work for the healthcare provider to make sure the claim gets approved. They help to ge¬t back Old Receivables and make¬ sure that rejecte¬d claims get paid.
Optimizing Accounts Receivable Management
Hospitals, emergency rooms, urgent care centers, and clinics frequently face challenges with outdated accounts receivable (A/R). These challenges often arise from insufficient staffing, ineffective debt resolution practices, or inefficient closure strategies. As a result, many older insurance claims remain unresolved. We specialize in addressing A/R backlogs through a structured, one-time clearance process that ensures accurate resolution and timely reimbursement.
EXAMINING
We evaluate claims and categorize them based on factors such as their age, payer group, timeliness of filing, and payer types. This categorization helps assess the quality of the A/R and identify claims that can still be collected through a final resolution effort. Afterward, we reassess the cleared A/R to determine its value before considering its sale to debt collection agencies.
POLICIES
Having well-defined procedures in place often leads to better clarity in addressing A/R issues. This can arise from changes in leadership or a lack of structured approaches and methods. When we handle A/R backlog clearing, we work closely with you and your billing team to establish collection goals, define negotiation strategies, and determine how many attempts should be made before a claim is deemed non-collectible.
CLINICAL DOCUMENTATION
A/R backlog-clearing tasks often stem from changes in the underlying processes or systems. A streamlined method for retrieving clinical files is crucial, as these files are key to ensuring the effectiveness of the collection process. Having an organized approach helps expedite claim resolution and improves overall recovery efforts.
