Recover Lost Revenue with Our Medical AR Management Services
We have extensive experience and a deep understanding of billing, coding, and claims management across multiple payers. Our proven record of reducing AR by 30% speaks for itself.
Get in touch with us today to discuss the unique needs of your practice and get a customized AR recovery solution!
Key AR Recovery Challenges with Effective Solutions
High Volume of Denied Claims
The reason for denied claims could include anything from a missing patient ID number to incorrect coding or missing prior authorization.Our AR recovery solutions include a proactive approach to denial management. We employ a team of specialists to identify common denial reasons, such as coding errors, missing information, or eligibility issues. By addressing these issues promptly and accurately, we reduce the number of denied claims. It ensures a smoother revenue cycle and improved cash flow.
Inefficient AR Follow-Up
Timely and consistent follow-up on unpaid claims is crucial for successful AR recovery. We employ advanced tracking systems to monitor unpaid claims, ensuring that no claim is overlooked. By systematically following up on each outstanding payment, we significantly improve collection rates and reduce AR days.
Patient Payment Delays
Patients may delay payments due to confusion about their bills or lack of convenient payment options. This can lead to increased AR and strain your practice’s cash flow.We enhance patient communication by providing clear and concise billing statements. Our knowledgeable staff is available to answer patient inquiries and assist with payment processes. It reduces patient payment delays and optimizes your revenue management.
Lack of Transparency and Reporting
The lack of clarity in understanding AR recovery processes makes it difficult for practices to identify issues and track performance effectively.Our analytics software provides detailed, regular reports that offer full transparency into your AR recovery process. These reports include key metrics such as aging reports, collection rates, and denial reasons. With our comprehensive reporting, you can make informed decisions and optimize financial stability.
Why Outsource Your AR Recovery Solutions to Pulse Medix?
Pay Only For Successful Reimbursement
Pay only when we get you paid. No upfront costs, just results.
Collection Ratios Over 90%
Pulse Medix reliably recovers over 90% of claims, even up to a year old.
Dedicated AR Recovery Team
Our AR recovery experts are well-versed in the latest industry regulations and payer requirements. Their expertise drives results.
Up to 75% Reductions in Claim Denials
Our strategic approach ensures up to 75% reductions in predictable denials, leading to smoother financial operations & enhanced cash flow.
A Walkthrough of Our AR Recovery Process
Comprehensive AR Analysis
Begin by conducting a thorough analysis of your current AR accounts
Strategic Planning
Develop a customized recovery strategy that addresses your specific challenge
Claim Follow-Up
Rigorous follow-up on every unpaid claim for maximum reimbursements
Denial Management
Review denied claims, correct errors, and resubmit them on time
Patient Communication
Clear explanations and payment solutions to enhance patient satisfaction
Regular Reporting
Detailed reports on AR recovery progress for complete visibility into your financial performance
Partner with Top EHR's
