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Healthcare providers often struggle with the medical claims processing that involves submitting claims with documentation to the relevant insurance company. The claim details should have the cost of the services provided and verify that the services are covered under the patient's health insurance policy. Then healthcare providers receive payment for their services, once the claim is approved. To approve this claim, there should be accurate details to reimburse timely.

Are you struggling with coding errors in your insurance claims? Are claim denials slowing you down and affecting their bottom line? Our team's expertise in precise coding, speedy claim submissions, and efficient denial management results in streamlined operations, faster reimbursements, and improved financial health.

Experience the benefits of outsourcing your claims processing to us - your partner in maximizing efficiency and profitability. Reach out to us today!

Client Success Stories

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Healthcare Accounts Receivable Services

A leading client from the healthcare industry was looking for a reliable partner who could provide error-free accounts receivable services. We offered the services and helped them improve their cash flow.

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AR Services and Full-Service Medical Billing

A top-performing emergency medical practice was looking for a service provider who could help in AR and full-service medical billing services. Our team provided services that satisfied our client and led them enjoy the perks of a healthy cash flow.

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Success Stories

Our Comprehensive Medical Accounts Receivable Services

We use predictive analytics to forecast potential delays and discrepancies in payment. Our suite of services address the key challenges in healthcare revenue management.

EOB Analysis

EOB Analysis

We meticulously examine Explanation of Benefits (EOB) documents to ensure payment accuracy from insurance companies are accurate and to identify any potential issues affecting claims.

Follow-ups

Follow-ups

Our team conducts persistent follow-ups with insurance providers, working diligently to expedite payments and resolve any outstanding claims.

Payment Posting

Payment Posting

We manage the precise application of payments received from both patients and insurers to the respective patient accounts. We ensure that the records are regularly updated.

Denial Management

Denial Management

Our experts manage claim denials effectively by identifying the root causes. They make necessary corrections and resubmit claims to optimize reimbursements.

Accounts Receivable Aging Analysis

Accounts Receivable Aging Analysis

We conduct a thorough analysis of accounts receivable aging reports to identify late payments and strategize collection efforts accordingly.

Patient Account Management

Patient Account Management

Our team professionally manages all facets of patient accounts including billing, payments, and communications.

Remittance Advice

Remittance Advice

We proficiently handle remittance advice documents, which provides a detailed account of payments made by insurance companies. We ensure accurate updates and effective payment reconciliations.

Write-offs

Write-offs

We oversee the write-off process for uncollectable debts or contractual adjustments, ensuring precise and pristine financial records.

More Services We Offer

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Financial Reporting

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Compliance and Regulation Adherence

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Patient Statements and Communication

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Medical Billing Support

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Financial Counseling Services

The Process Flow in Medical Accounts Receivable Services

Our process enhance accuracy and completeness helping you to minimize errors and maximize your claim acceptance rate -

1

Payment Posting

2

Follow-Up

3

Initiate Appeals

4

Patient Follow-Ups

5

Collection Strategies

6

Reporting and Analysis

Our Software Capabilities

Kareo eClinicWorks AdvancedMD medisoft athenahealth

Why Choose Our Expertise in Medical Accounts Receivable Services?

The right partnership for your medical accounts receivable services needs can make or break your project's success. Our team, adept at providing superior medical account receivable services, contributes significantly to making the process hassle-free.

Clients We Impact

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Medical billing & RCM companies

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Healthcare providers

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Property management

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Insurance companies

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Collection agencies

Additional Services We Offer

Streamline your revenue cycle by reducing errors while ensuring compliance and maximizing reimbursements efficiently.

Enhance your claims accuracy and speed up payment cycles ensuring each claim is reviewed meticulously for optimal financial health.

We allow healthcare providers to save time and focus on patient interactions by elevating documentation accuracy.

We ease your claims processing by minimizing errors and improving turnaround times for faster reimbursements and improved cash flow.

Outsource Medical Accounts Receivable services to FWS

Outsourcing your medical accounts receivable services to our team means entrusting your financial operations to the leaders in healthcare accounts receivable services. Our remote team operates via a secure online platform, ensuring you receive high-quality, reliable services regardless of geographical boundaries. Our bespoke medical accounts receivable solutions and advanced medical accounts receivable systems are designed to optimize your revenue cycle, ensuring every dollar owed is accounted for and collected most efficiently. Our expertise in medical accounts receivable management services, combined with an advanced medical billing accounts receivable platform provide a holistic approach to your billing needs, offering services in insurance verification, payment posting, and compliance adherence.

By choosing our hospital accounts receivable outsourcing services, you're hiring a vendor and gaining a partner committed to your financial success. Let us show you why we are the best in the business and how we can make a significant positive impact on your bottom line.

FAQs

An AR specialist manages the post-claim process, focusing on minimizing outstanding receivables. They conduct thorough follow-ups, resolve claim denials, and ensure swift payment from insurers and patients, thus securing the provider's revenue.

AR management delves into post-billing activities as it concentrates on the collection of receivables. Whereas medical billing is more about accurately coding and submitting claims based on the healthcare services provided.

Delegating AR responsibilities to a third party is beneficial as it leverages specialized expertise to improve collections and reduce the administrative burden, allowing healthcare providers to concentrate on clinical duties.

The procedure involves verifying patient eligibility, claim submission, tracking claim status, addressing denials or underpayments, and rigorously following up on overdue accounts to ensure that all receivables are collected.

Effectively managing negative AR requires identifying the cause of the discrepancy, whether it be overpayments, posting errors, or unprocessed adjustments, and taking corrective action to reconcile the account accurately.

Avail best-in-class services at affordable rates

Starts @ $1280-1440 per FTE/month More details

Our Customers

Movement Mortgage
Alcon
ARI
Maximus
Redwood E-Learning Systems

AHIMA Healthcare Convention 2016

Info Email

USA

Flatworld Solutions

116 Village Blvd, Suite 200, Princeton, NJ 08540


PHILIPPINES

Aeon Towers, J.P. Laurel Avenue, Bajada, Davao 8000

KSS Building, Buhangin Road Cor Olive Street, Davao City 8000

Important Information: We are an offshore firm. All design calculations/permit drawings and submissions are required to comply with your country/region submission norms. Ensure that you have a Professional Engineer to advise and guide on these norms.

Important Note: For all CNC Services: You are required to provide accurate details of the shop floor, tool setup, machine availability and control systems. We base our calculations and drawings based on this input. We deal exclusively with(names of tools).

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