Professional Accounts Receivable A/R Services

As a healthcare provider, you may understand that an increase in A/R days will impact your bottom line directly. Now coping with the changing landscape of the medical industry era and high operational cost managing AR has become a herculean task for providers.

Turn your billing process into a revenue-generating powerhouse. Our specialized Accounts Receivable Service helps your practice reduce unpaid bills, improve collections, and boost cash flow.

Understanding A/R Management

Accounts receivable (A/R) management is a critical aspect of revenue cycle management for healthcare providers. United MBS offers A/R management services to help healthcare providers optimize their revenue cycle and maximize collections.

A/R management services provided by United MBS includes:

A/R analysis: Our expert team shall analyze your A/R data to identify any issues, such as unpaid claims or overdue patient balances.

Follow-up and collections: We shall follow up on unpaid claims and past-due patient balances, using a combination of phone calls, emails, and letters.

Denial management: United MBS shall identify any denied claims and appeal them on behalf of the healthcare provider.

Reporting and analytics: We shall provide regular reports on A/R aging, collections, and other key metrics to help healthcare providers monitor their financial performance.

Payment posting: United MBS shall post payments received from insurance companies and patients to ensure accurate and up-to-date A/R data.

Winning at Medical Billing:

How Properly Managing A/R Can Take Your Practice to the Top!

Benefits of Outsourcing A/R Management Services

Effective A/R management is key to making sure your practice is profitable. Doctors need strong strategies to reduce payment problems and speed up cash flow. United MBS has the knowledge, tools, and expertise to help your medical practice perform better financially for years to come. Outsourcing accounts receivable (A/R) management services to United MBS can provide many benefits for healthcare providers.

Here are some reasons why providers should consider outsourcing A/R management to United MBS:

Improved cash flow:

A/R management services can help providers collect payments faster and reduce the number of days outstanding, resulting in improved cash flow and increased revenue.

Cost savings:

Outsourcing A/R management can be more cost-effective than hiring and training in-house staff to manage it. Providers can save on salaries, benefits, and other overhead costs associated with hiring additional staff.

Expertise and resources:

A/R management companies have specialized expertise and resources in revenue cycle management. They stay up-to-date with industry regulations and best practices and have access to the latest technology and software.

Reduced administrative burden:

A/R management can be a time-consuming and complex process. Outsourcing it to a billing company can free up providers’ time and resources to focus on patient care and other critical aspects of their practice.

Increased transparency and reporting:

A/R management companies provide regular reports and analytics to help providers monitor their financial performance and identify opportunities for improvement.

Benefits of A/R MANAGEMENT SERVICES

Contact for Details

Outsourcing A/R management services allow healthcare providers to improve their financial performance, reduce administrative burden, and focus on delivering high-quality patient care.