AR Recovery

METACARE AR Recovery Services Maximize Revenue

We take pride in providing a comprehensive suite of AR management services that are designed to recover outstanding revenue from aging AR accounts, particularly those that have surpassed 120 days. Our proven system is highly effective and has a track record of success in recovering revenue, even from accounts that may have been considered lost causes.

Our dedicated team of experts employs a meticulous approach to analyze and address each aging AR account. Through strategic and persistent efforts, we work to identify and resolve any barriers to payment, maximizing recovery for your medical practice.

We understand that each medical practice is unique, and their needs may vary. That’s why we go beyond the one-size-fits-all approach commonly seen in the industry. Unlike other medical billing companies, we offer AR medical billing recovery services as a standalone option, recognizing the importance of tailoring our solutions to meet the specific requirements of your business.

Our commitment to providing flexible and customizable receivable recovery solutions sets us apart. Whether you are seeking a comprehensive revenue cycle management package or solely require assistance with AR recovery, we have you covered.

2019 Case Study Results

Started On

April 1st 2019

Review Period

1 Year

Collection Increased

$86,000 to $144,000

Revenue Increased by

66.6%

SYSTEMATICALLY INCREASING REVENUE WITH EFFECTIVE CLAIMS MANAGEMENT

METACARE’s innovative system tracks every claim to completion, getting our clients the revenue they deserve.

Systematic Evaluation

Our approach to account recovery solutions is rooted in thoroughness and dedication. When we engage with a new client, the first step of our AR team is to conduct a meticulous review of every unresolved claim. Our commitment to excellence means that we leave no stone unturned in identifying claims that can possibly be recovered.

Unlike some medical billing companies that focus solely on high-dollar claims in aging AR, we recognize the value of every dollar for our clients. We understand how quickly the smaller amounts can accumulate and contribute to your practice’s overall revenue. As a result, we don’t just go after the “low hanging fruit” but delve into every claim that has the potential to be paid.

Prioritization

We take the issue of unpaid claims seriously, and our team prioritizes analyzing older claims to prevent any from expiring before we can process them. Utilizing advanced analytical tools, we actively work to minimize medical account receivables, staying ahead of payers’ requirements to ensure you collect the maximum revenue possible.

Our commitment to your financial success means we consistently follow up with each payer to recover overdue payments. You can have peace of mind knowing that we are diligently looking after your bottom line and working to optimize your revenue collection.

Claim Correction and Resubmission

Our dedicated task force is relentless in ensuring that not a single claim is rejected, denied, or underpaid due to lack of follow-up. We go the extra mile to meticulously review and correct any issues or clarifications needed before promptly appealing each claim. Our goal is to engage with insurance or government payers to ensure that they reconsider their payments and provide fair compensation for your services.

We understand the criticality of tracking and monitoring claim denials and rejections. Our proactive approach allows us to identify recurring causes for these issues and take prompt action to eliminate them permanently from your revenue cycle management system. By addressing these challenges at the root, we work to optimize your revenue collection and minimize potential disruptions to your cash flow.

Patient Communication

Our AR team goes beyond simply identifying outstanding balances owed by patients. We believe in clear and transparent communication with patients regarding their bills. When we find that an outstanding balance should be paid by the patient, we generate a clear and easy-to-understand report, which we promptly send to them.

If you prefer, we can even take the responsibility of handling direct interactions with your patients. Our dedicated team ensures that patient interactions are handled professionally and empathetically. Rest assured, we are not a collection agency, so you don’t need to worry about sending the wrong message to your patients. We approach each interaction with understanding and clarity, helping patients comprehend the charges and agree with the amount due.

AR Recovery Is One of Our Specialties

We understand the significant impact of unpaid claims on your practice’s revenue. That’s why we have a dedicated AR recovery team that excels at getting reimbursements, even for claims that others consider “uncollectible.” We recognize that the longer a bill goes unpaid, the less likely it is to be paid, but instead of giving up, we see it as an opportunity to take immediate action. Our account receivables services team is relentless in identifying and investigating every unpaid claim. We believe in going the extra mile to recover revenue for your practice. Unlike many other medical AR billing services that shy away from aging AR or charge exorbitant fees, we are committed to streamlining our process to work efficiently and profitably on old AR recoveries and low-value claims.

Full Suite of RCM Services:

Our revolutionary physician's revenue cycle management system is designed to optimize all aspects of RCM, providing unparalleled support for your medical practice. Our comprehensive solution encompasses a wide range of services, including patient scheduling, payer credentialing, insurance verification, charting and coding review, claims management, and much more.

Denial and Rejection Management:

We understand that medical billing mistakes can have a significant impact on a physician's revenue. That's why our top-notch physician billing services are meticulously designed to minimize claim rejections and denials by payers. Our dedicated team tracks all claims diligently, leaving no room for your hard-earned income to be left on the table due to overlooked claims.

Old A/R Collections:

We recognize that aging accounts receivable (A/R) can lead to substantial revenue loss for our clients. To address this challenge, our comprehensive claim management system includes a dedicated process for organizing and recovering funds from old A/R accounts. We understand that sometimes, all it takes to reclaim these outstanding amounts is clear communication.

HIPAA Compliant and Secure Data Management:

Patient information security is of utmost importance to us. That's why we prioritize the highest level of digital security services, equivalent to those used by banks, to safeguard sensitive data. With our robust security measures in place, you can rest assured that HIPAA compliance is not something you need to worry about when we handle your billing needs.

Missed Encounter Management and Tracking:

We understand the impact of patient no-shows on both time and revenue for medical practices. Our innovative physician billing and management solutions tackle this challenge head-on by offering comprehensive tools to engage patients and efficiently track the flow of encounters throughout the entire process.

Charting & Coding Review as per regulatory authorities:

We understand the significance of conducting regular reviews to maintain a high standard of practice and compliance with regulatory agencies and government payers. Our team of physician billing management experts is meticulously trained to identify any discrepancies in the system and ensure that your practice operates according to your specific guidelines.

We take pride in being a trusted industry leader in medical accounts receivable collections. Our expertise in complex medical coding and AR management services sets us apart from the rest. However, it’s our extensive knowledge and experience that truly make us shine.As a leading medical billing company, we successfully serve healthcare facilities of all types and sizes. Our specialization in medical billing for physicians, laboratories, radiology & imaging centers, and hospitals allows us to cater to a diverse range of clients with precision and efficiency.