A/R Follow Up Services
Proactive Denial Management and Accounts Receivable Analysis
We analyze claim denials and rejections to determine the reasons for non-payment and resubmit corrected claims. We contact insurance payers and utilize online portals or phone calls to track the progress of the claims that are still in process, denied, or require additional information.
Moreover, we continuously analyze our AR performance metrics to identify trends, patterns, and areas for improvement. Monitor key performance indicators (KPIs) such as average days in AR, AR aging ratios, and collection rates and we use this data to implement strategies that optimize your revenue cycle management.
Our AR Follow Up Process
Utilizing online portals or phone calls to monitor the progress of claims, ensuring timely resolution and minimizing delays.
Analyzing claim denials to determine reasons for non-payment and promptly submitting corrected claims for processing.
Ensuring prompt resubmission of claims that were denied or required additional information, optimizing reimbursement.
Claims
Proactively addressing unpaid claims through follow-up & communication with insurance payers & minimizing outstanding balances.
Claims
Identifying and prioritizing high-value claims for follow-up, ensuring maximum reimbursement for services rendered.
Regularly reviewing AR performance such as average days in AR and collection rates to enhance RCM efficiency and effectiveness.
Our Practice Management Expertise
Maximizing Revenue with Strategic Denial Management
At IMDS, we understand the crucial role denial management plays in optimizing revenue cycle management. Our proactive approach involves analyzing claim denials to identify root causes and implementing corrective measures to prevent future occurrences.
By leveraging advanced technology and industry expertise, we promptly resubmit corrected claims, track claim statuses, and communicate with insurance payers to expedite resolution. Additionally, our continuous performance analysis ensures that we monitor key metrics, such as average days in AR and collection rates, to identify trends and areas for improvement.
Trust IMDS to streamline your denial management processes and maximize your practice’s revenue potential.
Why Choose IMDS for A/R Follow-Up Services
Our dedicated teams of experienced professionals possess extensive knowledge of billing and reimbursement processes, ensuring accurate and efficient claim submission. By partnering with IMDS, you can focus on your core competencies while we handle the complexities of A/R follow-up, saving you time and resources.
Our streamlined processes, advanced technology, and commitment to compliance ensure that claims are submitted promptly and accurately, leading to faster reimbursement and improved cash flow.
Expertise in Billing and RCM
Our dedicated teams possess specialized knowledge and experience in A/R follow-up, ensuring efficient and effective revenue cycle management.
Streamlined & Advanced Technology
Leveraging streamlined processes and advanced technology, we optimize the A/R follow-up process, maximizing reimbursement and improving cash flow.
Commitment to Compliance
We stay updated with the latest healthcare regulations, coding guidelines, and billing requirements, ensuring compliance and reducing the risk of billing errors or non-compliance
Flexibility & Customized Reporting
Our flexible services adapt to your practice's changing needs, providing customized reports and performance metrics that offer valuable insights for informed decision-making and optimized RCM.