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!
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
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
Our team conducts persistent follow-ups with insurance providers, working diligently to expedite payments and resolve any outstanding claims.
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
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
We conduct a thorough analysis of accounts receivable aging reports to identify late payments and strategize collection efforts accordingly.
Patient Account Management
Our team professionally manages all facets of patient accounts including billing, payments, and communications.
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
We oversee the write-off process for uncollectable debts or contractual adjustments, ensuring precise and pristine financial records.
More Services We Offer
Financial Reporting
Compliance and Regulation Adherence
Patient Statements and Communication
Medical Billing Support
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 -
Payment Posting
Follow-Up
Initiate Appeals
Patient Follow-Ups
Collection Strategies
Reporting and Analysis
Our Software Capabilities
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.
Billing Integrity
We pride ourselves on delivering error-free services. From billing to claims submission and payment posting, our accuracy reduces the risk of denials and ensures faster reimbursements.
Capacity Adjustment
Our services can flexibly scale to match your growth. Whether you're a budding healthcare practice or an established hospital, we can cater our services to fit your evolving needs.
HIPAA Compliance
We ensure complete adherence to HIPAA regulations, prioritizing the confidentiality and security of patient data in every process we handle.
Accelerate Revenue Cycle
Our efficient processes and dedicated professionals ensure a quick turnaround time, accelerating your revenue cycle and improving cash flow.
24/7 AR Management
Our team is available 24/7 to address your concerns, provide necessary support, and ensure an uninterrupted accounts receivable management process.
Receivables Expertise
Our team's deep industry knowledge enables us to handle medical accounts receivable effectively, bringing financial stability and improved business health to your practice.
Clients We Impact
Medical billing & RCM companies
Healthcare providers
Property management
Insurance companies
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
Avail best-in-class services at affordable rates
Whom do we serve
Our Customers
Key Differentiators
AHIMA Healthcare Convention 2016
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