Accounts Receivable
Accounts receivable are outstanding claims that are not adjudicated thus costing the medical practitioners money every single day and keeping a medical practice or an organization from growing and implementing the most needed improvement processes.
Unpaid Claims
Once the unpaid claims are cleaned and adjudicated from the insurance companies or government agencies, medical practice can continue without a heavy burden of unpaid claims that are preventing the advancement of medical services in medical care centers.
The process of medical billing and collection has become one of the most important things for today’s medical practices and healthcare centers. Management of medical billing and collection has become a complicated process with the whole array of steps that have to be included so the process could be completed as smoothly as possible.
One of the great issues that medical practitioners had to handle is accounts receivables, known as AR.
In order for the medical practitioners and physicians to keep their practice solid and growing, they had to deal with accounts receivables or hire someone who would do that for them.
Accounts receivable are outstanding claims that are not adjudicated thus costing the medical practitioners money every single day and keeping a medical practice or an organization from growing and implementing the most needed improvement processes.
How Can Our Service Help You
Many medical practices, clinics, and hospitals cannot afford anymore to leave the unpaid claims to stay uncompensated and forgotten. Some of the services that we offer regarding the recovery of accounts receivables are:
- Sending medical documentation to the insurer to expedite payment
- Communicating with the executives of the insurance companies to accelerate payment
- Checking the status of the claims
- Reviewing policy of the specific insurance company
- Contacting the insurers to help the medical providers with complicated issues
- Discussing balances with your patients in order to facilitate self-pay revenue
Why Choose Midwest Revenue Cycle Management?
Our company is the main billing agency specialized in billing and collecting including the management of accounts receivables. We have a huge experience in billing unpaid claims and communicating with insurers on an expert level.
The members of our successful negotiating team are committed to providing you the best AR recovery solutions.
Leave this boring and unpleasant work to professionals who are well versed and educated to get you your money.