(AR) Follow-Up Services
Effective management of your Accounts Receivable (AR) is crucial for maintaining healthy cash flow and ensuring that your practice stays financially stable. At ORC Billing LLC, we offer expert AR Follow-Up Services to help healthcare providers reduce outstanding balances, improve collections, and accelerate reimbursement. Our team works tirelessly to ensure that your claims are paid promptly and any delayed payments are addressed effectively.
08:00 AM - 06:00 PM
08:00 AM - 04:00 PM
Our AR Follow-Up Process:
We begin by thoroughly reviewing all unpaid or partially paid claims in your AR system. Our team continuously tracks the status of each claim, ensuring that no outstanding payment is overlooked or left unresolved.
We directly communicate with insurance companies to follow up on unpaid claims and ensure they are processed as quickly as possible. If there are any issues or delays in payment, we work to resolve them and ensure that your claims are reimbursed promptly.
For outstanding patient balances, we initiate patient payment follow-up, contacting patients directly via phone, email, or mail to request payment. We also offer payment plan options to make it easier for patients to settle their balances.
If claims are denied or underpaid, we initiate appeals and resubmissions. Our team works to resolve any discrepancies with the payer and ensures that the correct reimbursement is received.
We reconcile accounts regularly to ensure that all payments are applied accurately, and all balances are up-to-date. This process helps maintain the integrity of your AR data, reducing errors and discrepancies in your accounts.
Our AR follow-up is integrated with our Denials Management Services, meaning we address any denials that arise during the follow-up process. We handle the appeals process efficiently, ensuring that your practice receives maximum reimbursement for all claims.
We provide detailed AR reports that include information on outstanding claims, payment status, payer-specific issues, and recovery progress. These reports offer transparency and actionable insights into your practice’s financial performance.
By maintaining consistent follow-up and addressing issues proactively, we reduce the days in AR (the amount of time claims remain unpaid). Our goal is to accelerate the payment cycle and help your practice receive payment sooner, improving cash flow.
We recognize that every practice has unique AR challenges. Our team tailors solutions to address your specific needs, whether it’s dealing with high patient balances, resolving payer disputes, or improving your billing processes.
We adhere to HIPAA-compliant procedures to protect patient information during the follow-up process. Your patients’ privacy is a top priority, and we ensure that all sensitive data is handled securely.
Benefits of AR Follow-Up Services:
Improved Cash Flow:
By reducing the time it takes to receive payments, we improve your practice’s cash flow and financial health.
Faster Payment Recovery:
Our active follow-up process ensures quicker resolution of unpaid claims and balances, getting your practice paid faster.
Increased Reimbursements:
We work diligently to ensure that all claims are paid in full, reducing write-offs and increasing your total reimbursements.
Reduced AR Days:
We aim to reduce the number of days claims remain in your AR system, ensuring that payments are received promptly.
Enhanced Revenue Cycle
Management: Our AR follow-up service integrates with your overall revenue cycle management, optimizing your practice’s financial performance.
Time Savings:
We handle the time-consuming task of following up on claims, so your team can focus on patient care and other priorities.
Transparent Reporting:
We provide clear, actionable reports that help you stay informed about your practice’s AR status.
Why Choose ORC Billing LLC for AR Follow-Up Services?
- Expert Team: Our team is experienced in managing AR follow-up for healthcare providers, ensuring a streamlined and efficient process.
- Proactive Approach: We don’t wait for payments to come in—we proactively follow up with payers and patients to ensure timely reimbursement.
- Customized Solutions: We tailor our AR follow-up services to meet the unique needs of your practice, addressing challenges specific to your patient base or payer mix.
- Efficiency: Our prompt follow-up and resolution processes help ensure faster payments and fewer delays in your revenue cycle.
Let ORC Billing LLC Help You Maximize Collections!
If you’re struggling with delayed or unpaid claims, our AR Follow-Up Services can help you recover lost revenue and keep your practice financially healthy. We’ll streamline your accounts receivable process and ensure that your claims are paid promptly, improving your cash flow and reducing stress on your practice.