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We’re here to provide you with tailored medical billing solutions that streamline your process and maximize revenue. Let’s discuss how we can assist you in achieving seamless billing operations.
Expert Help for an Efficient AR Management System
These days dealing with accounts receivable in healthcare is labor-intensive and intricate. Claims that go unpaid, payments that are received after delays, and patient balances due all create challenges to a practice’s revenue cycle. Medical Care Billing offers you streamlined accounts receivable services designed for the effective collection and processing of payments in order to aid operations and recover revenue in a timely manner.From verifying claims with the insurance companies to contacting patients with overdue balances, we take care of every facet of your accounts receivable.
Our Comprehensive Account Receivable Services
We provide a complete range of services related to receivables which aids claims and payments management while maximizing revenue for your practice. By improving your AR management, we are able to enhance your net collection rate while reducing the amount of time spent setting up everything.
Claims Verification & Follow-ups
First, our AR team verifies the eligibility to ensure that the claim was sent to the correct payer ID or claim address, helping to minimize reimbursement delays. Next, we follow up on all submitted claims after 15-20 days to address any denials promptly and take corrective action. Our team closely monitors all claim payments to ensure they are paid in accordance with the fee schedule, leaving no money uncollected
Insurance Payment Recovery
Our staff works with the insurance company to settle unpaid claims and denied payments. The aim is to collect all money owed as there is no reason to write off these amounts.
Customized Reporting & Analytics
With ongoing reports and analysis specific to your requirements, we can keep you updated on your accounts receivable performance and assist you in making important decisions to help improve your revenue cycle.
Patient Billing & Payment Coordination
We also manage patient balances by collecting retainers and extending financial support where required. We ensure explain everything clearly to patients which makes the process of billing more straightforward and helps settle payment accounts quicker.
Get Started with Our Account Receivable Services Today
Ready to improve your practice’s cash flow and recover more of what you’re owed? Contact Medical Care Billing today to learn how our Account Receivable Services can benefit your healthcare practice.
Why Choose Our Account Receivable Services?
Why Choose Our Account Receivable Services?
At Medical Care Billing, we understand the complexities of managing your accounts receivable and the significant impact it has on your practice’s bottom line. Our AR services are designed to streamline the entire process, ensuring quicker recovery of payments, fewer delays, and reduced administrative burdens for your team. Here’s why our approach stands out:
- Improved Time Management
- Minimized Chances of Error in Patient's Record
- Workflow Optimization
Our dedicated AR team handles follow-ups, claims verifications, and patient payment tracking, saving your in-house team valuable time for focusing on patient care.
With our attention to detail and accurate claims processing, we reduce billing errors, ensuring that claims are submitted correctly the first time, and preventing unnecessary delays.
We handle your accounts receivable process seamlessly, managing everything from insurance follow-ups to patient payment coordination, allowing your office to focus on core clinical functions.
Our Success in Numbers
We have been doing this a long time.
$100M+
Value of claims processed
99%
Total Revenue Collected
60
Accounts Receivable Days
48 Hours
Turn Around Time (TAT)
22 Days
Turn Around Time for Payment
1,000,000
Number of Claims Processed
99%
Customer Retention
98%
First Pass Clean Claims Rate
15-20%
Revenue Improvement
35%
Reduction in A/R
What Our Customers Are Saying
"Medical Care Billing has transformed the way we manage our billing. Their attention to detail, accurate claims processing, and follow-ups have significantly improved our cash flow. "
Dr. Samuel Carter
Gastroenterology Specialist
"Our revenue cycle's more efficient than ever since Medical Care Billing Their coding and denial management expertise was invaluable to our practice."
Dr. Angela Hughes
OB/GYN
"Credentialing used to be a daunting task for our staff, but Medical Care Billing has made it easy. Their proactive communication and thoroughness stand out."
Mark Richardson
Clinic Administrator
"With their medical billing and front desk services, we’ve been able to reduce administrative burdens significantly. It’s allowed us to focus more on patient care."
Dr. Elaine Ford
Allergy and Immunology
"Wow! What a difference working with Medical Care Billing has made. Our billing is finally stress-free, and payments come in faster than ever!"
Dr. Linda O'Connor
Perks of Choosing Us for Services in Accounts Receivable
Lower Administrative Burden
All of the internal resources that are required for medical billing can now be reallocated towards patient care and other crucial areas of focus. This means your office team is no longer overburdened with A/R management.
Cost Efficient Services
Speaking of reallocation, we offer A/R planning and execution services completely devoid of any hiring and office space issues. This allows your practice to save overhead costs and allocate resources towards more helpful functions.
Care Focused Approach
With billing and payment coordination taken care of, your practice can truly prioritize the patient experience. With fewer billing discrepancies, staff members have a greater opportunity to interact with patients.
Faster Response Time
Both patients and insurance companies can have their queries dealt with swiftly and issues resolved in a timely manner. This fosters retention while improving overall satisfaction.
Know before you Jump in
Account Receivable Services are designed to manage and optimize your practice’s billing processes, from verifying insurance claims to handling patient payments. By outsourcing AR services, your practice can ensure faster payments, reduced billing errors, and improved cash flow. Our services help your team focus on providing quality patient care while we manage your finances.
Yes, we handle the verification and submission of insurance claims. Our team works closely with insurance providers to ensure that claims are processed promptly and correctly, reducing delays and denials.
Absolutely! All our Account Receivable Services are fully HIPAA-compliant, ensuring that patient data remains confidential and secure throughout the billing process.
Yes! Our Account Receivable Services are highly flexible and scalable. Whether your practice is expanding or going through slow periods, we can adjust our services to meet your needs, ensuring optimal support at all times.
By efficiently handling the entire AR process claim verification, payment follow-ups, and collections we speed up the recovery of owed funds. This reduces outstanding balances, improves cash flow, and ensures your practice maintains financial health.
Our services are designed to seamlessly integrate with your current practice management and EHR systems. We ensure that our AR process complements your existing workflows, enhancing efficiency without disrupting your day-to-day operations.
Our team takes over the time-consuming tasks of claims processing, payment tracking, and collections, reducing the administrative burden on your in-house staff. This allows them to focus on patient care and other essential responsibilities.
By handling billing more efficiently and reducing errors, we ensure that patients experience less confusion and frustration over their bills. Our team communicates directly with patients, offering clear explanations and resolving issues promptly, which contributes to a positive overall experience.
Trained Billing Staff
Our Expertise on Medical Care Billing Software
Our certified staff have hands-on expertise in billing and EMR/EHR software to complete your practices’ revenue cycle management. We also train front office and healthcare professionals to successfully use the system to develop effective progress notes and complete the clinical activity. Let us help your practice to streamline quality patient care.
Uncover Expert Tips with Medical Care Billing
At Medical Care Billing, we provide all the essential knowledge you need to lead a successful healthcare organization. Dive into our blog for expert advice, innovative strategies, and the latest trends that will help you excel in your practice.
