Medcare MSO’s A/R Recovery Services Maximize Revenue
Medcare MSO offers a comprehensive range of A/R management services, including old A/R accounts that have been started by in-house billers or another medical billing company. Our system has been proven to be highly effective at increasing recovery, even from accounts that were thought to be lost causes.
Unlike most medical billing companies, who only offer AR recovery solutions as part of a revenue cycle management package, Medcare MSO offers AR medical billing recovery services as a standalone option. We don’t believe in a one-size-fits-all approach to healthcare recovery solutions and want to meet the unique needs of your business.
April 1st, 2019
$86,227.53 to $143,710.45
Revenue Increased by
Systematically Increasing Revenue with Effective Claims Management
Medcare MSO’s innovative system tracks every claim to completion, getting our clients the revenue they deserve.
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 specialist & 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 claim for collections, 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 medical account receivables collections professional 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 accounts receivable recovery services 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.