Accounts Receivable (AR)

Why is A/R Follow-up Crucial in Medical Billing

Accounts receivable stands as the most substantial and crucial asset for healthcare providers. Our objective is to expedite the recovery of owed funds by consistently identifying and improving processes. We strive to enhance efficiencies at every stage of Healthcare RCM, aligning with industry standards.

Our Detailed Accounts
Receivable Procedure

1 Claims Filing

Submit Claims to the Correct Insurance Provider

2 Tracking Status

Monitor Claims Status with Insurance Provider Follow-up

3 Identifying Denial Causes

Examine and Address Denied Claims by Identifying the Root Cause

4 Following Up Providers

Reach out to Insurance Providers or Patients for Additional Information

5 Refiling Claims

Reprocess the Corrected Claims with the Insurance Carrier

6 Final Payment

Track the Status of Refiled Claims Until Payment is Received

Why Supra Mediinformatics

Shorten the average AR days to under 45 days
Decrease AR over 60 days to below 10% of total AR
Enhance collections to a higher level
Ensure error-free claims processing
Optimize collections for faster cash flow
Cut down administrative costs
Attain efficiencies beyond in-house billing processes
Benefit from expert revenue cycle specialists

We Help You Reduce Bad Debt and Improve Cash Flow

Scrutinize all ars

Examine accounts receivable balances, segregate collectible and non-collectible amounts, facilitating the billing of co-insurance/deductible amounts to payers.

Analysis of billing & denials

Outsourcing your accounts receivable services to us ensures a thorough analysis of billing operations, enabling the correction and prevention of issues that may result in claim denials or incorrect payments.

Root cause analysis

Comprehensive examination of accounts to devise an appropriate action plan. Identification and analysis of patterns in codes, procedures, or any operational issues.

Organization’s AR Health

Conduct a comprehensive health check-up of your organization’s A/R aging report by reviewing the provider’s adjustment policy and identifying claims that require immediate adjustments.

Timely filing

Identify claims falling below carrier filing limits and those not paid according to the contract terms. Resubmit all such claims with the required documents.