Medcare MSO offers a comprehensive range of healthcare recovery and AR management services to meet the unique needs of your organization. We employ accurate, aggressive, and effective tactics to optimize your medical account receivable collection ratio. And unlike most medical billing companies that only offer AR recovery solutions as part of a revenue cycle management package, Medcare MSO understands that no two healthcare facilities have the same needs.
We offer AR medical recovery services as a standalone option because we don’t believe in a one-size-fits-all approach to healthcare recovery solutions. Our dedicated team of AR recovery professionals focuses exclusively on investigating and resolving your old and ongoing AR accounts. And we’re experts at what we do. How do we do it? With a balanced four-part strategy.
Investigation & Evaluation
We begin the healthcare recovery process by investigating and evaluating every claim on the AR aging report. We carefully and systematically review each claim for accuracy, and we cross-reference the provider’s policy to determine which accounts our specialists can pursue. And we don’t just go for the easy ones—we aggressively pursue claims that are routinely considered uncollectable by other companies.
Coding & Collection
Our certified medical billing specialists & technical analysts are highly trained, exceptionally skilled, and adept in all areas of healthcare recovery. We are industry experts in coding and compliance requirements. Once AR claims have been analyzed and prioritized, our specialists accurately code and submit claims for collection, and rigorously pursue patient-owed accounts. Medcare MSO consistently collects old AR accounts as well as recent ones.
Analysis & Prioritizing
Once a thorough evaluation is complete, our team of dedicated AR recovery professionals analyze each account and identify reasons for denial, nonpayment, underpayment, and partial payment—whether it’s a patient-owed balance or carrier balance. We methodically research each claim and the carrier’s contracted rate of pay as well as their filing limits. We then prioritize accounts for coding and collection.
Insurance and patient follow-ups are absolutely critical to medical recovery services. It isn’t enough to know coding and compliance regulations. Without persistent communication efforts and prompt status & account checks, your healthcare organization could lose significant sums of money. Medcare MSO proactively follows up on all claims to ensure you receive the appropriate reimbursements for your services.
Medcare MSO is an industry leader and trusted name in AR recovery because we know how to get results. Our mastery of complex medical coding and AR management services set us apart. But it’s our breadth of knowledge that allows us to shine. Medcare successfully serves healthcare facilities of all types and sizes, and we specialize in medical billing for physicians, laboratories, radiology & imaging centers, and hospitals.
We know it’s difficult to remain entirely focused on patient care when you’re worried about your bottom line. If you’re spending valuable resources trying to diagnose finances rather than patients, then perhaps it’s time to schedule a check-up for your current healthcare recovery methods.
Call or e-mail Medcare MSO today to see how we can help you.