Enhance Medical AR Services with our streamlined process.
Critical to securing reimbursements is precise medical billing and coding, as even minor errors can lead to delays in payment. These essential tasks for healthcare providers may hinder the delivery of quality patient care. Requiring continuous focus, accurate medical billing and coding provide significant returns when executed correctly.
As the cornerstone of financial performance, your organization requires an effective system. Investing resources in these tasks may divert attention from patient-centric care. Point 2 Care specializes in medical billing and coding services, aiding your facility in resource allocation and optimizing patient flow.
Why is AR Follow-Up Crucial in Healthcare Services Medical Billing?
The healthcare team’s accounts receivable follow-up unit is dedicated to investigating and reopening denied claims to maximize payments from insurance companies. Traditional in-house management of medical billing accounts receivable and Revenue Cycle Management is outdated, with the current demand for billing professionals with specialized skills in A/R follow-ups.
Beyond A/R follow-up, critical tasks like charge entry, benefits verification, and payment posting require attention. During these processes, a medical billing professional ensures the accurate assignment of procedure and diagnostic codes based on the treatment plan.
Adherence to insurance guidelines is crucial, as improper claim submissions can lead to rejections. Hence, having a specialized A/R staff to diligently follow up with insurance firms for addressing rejected claims becomes essential.
Outsource Medical AR for Efficiency.
Increasingly, medical providers face rising monthly expenses without a corresponding improvement in recurring cash flow. Without consistent and proactive accounts receivable follow-up on current billings, providers often accumulate substantial amounts in medical accounts receivable exceeding 180 days outstanding.
Addressing unpaid claims, researching, correcting, appealing, and re-filing claims typically requires more time than initially estimated. With a limited staff dedicated to this task, achieving the goal of significantly reducing or eliminating outstanding accounts receivable and collecting a substantial amount in a short period becomes challenging.
Choose Us for Reliable Medical Billing and Coding.
Point 2 Care offers comprehensive Medical Accounts Receivable Services as a one-stop solution for complete revenue cycle management. Our expertise spans all aspects of medical billing and coding. Outsourcing to Point 2 Care provides numerous advantages:
- HIPAA compliant (Complete Data and Document Security).
- Save up to 40% on operating costs per employee.
- 100+ highly skilled support personnel are available.
- Reports are available in real-time.
- Innovative systems and software.
- Access to Certified Experts.
- Timely filed claims.
- Strict quality control and information security policies are in place.
- Reduce turnaround time.
- Provide correct coding across specialties consistently.
- 100% transparency with data and processing.
- Securing the seamless flow of information and data between Point 2 Care and our partners is facilitated by reliable networking software and infrastructure.
Why Choose Point 2 Care for Outsourcing Accounts Receivable Services
Choose Point 2 Care to expand your staff seamlessly, eliminating additional overhead costs. By understanding your unique needs, we customize a dedicated billing and coding team to optimize your revenue cycle. Our goal is to efficiently manage all claims and serve as your committed partner in achieving financial success.
Our team oversees comprehensive revenue cycle management, taking charge of tasks such as processing insurance claims, denial management, and maintaining accurate records. With Point 2 Care as your financial ally, you can focus solely on patient care, resulting in increased patient volume and improved experiences. Entrust medical billing and coding to our knowledgeable and up-to-date experts well-versed in healthcare regulations.
Dissimilar to other billing companies that provide minimal services for payment, we address issues left by previous billing companies. Conducting audits for healthcare providers facing challenges, we identify and rectify any documentation-related errors impacting revenue from day one. Point 2 Care keeps you well-informed with easily accessible data, ensuring transparency in your revenue cycle management and recommending enhancements for your sustained success.
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