Accounts Receivable (AR) Recovery Services
At MedRev, we understand the critical importance of maintaining a healthy cash flow for your medical practice. Our Accounts Receivable (AR) Recovery Services are designed to efficiently recover outstanding payments, ensuring that your practice remains financially robust.
Why Choose MedRev for AR Recovery?
- Efficient Solutions:
Our team specializes in identifying and resolving unpaid claims, boasting a 96% collection rate. - Experienced Professionals:
With extensive experience in medical billing, we adeptly handle complex AR issues, including claim corrections and resubmissions. - Maximized Revenue:
We proactively address claim denials and expedite collections, reducing AR days and enhancing your cash flow. - Patient-Centric Approach:
Our courteous communication ensures positive patient relationships while effectively managing payment collections.
Our AR Recovery Process
- Initial Review:
Comprehensive analysis of billing records to identify outstanding claims. - Problem Identification:
Determining reasons for unpaid claims, such as denials or billing errors. - Corrective Actions:
Addressing identified issues, including claim corrections and necessary follow-ups. - Regular Follow-Up:
Consistent engagement with insurance companies and patients to ensure timely payments.