Accounts Receivable (A/R) Recovery
Managing accounts receivable is essential for maintaining a healthy cash flow in any healthcare practice. At Smart Tech MD Services, we offer specialized A/R recovery services aimed at reducing outstanding balances and improving your practice’s financial performance.
Our approach begins with a comprehensive analysis of your aging reports to identify delinquent accounts and patterns that may be contributing to delayed payments. We then implement targeted strategies to address these issues, including timely follow-ups with payers and patients, and efficient handling of denials and appeals.
Our experienced team is adept at navigating the complexities of insurance policies and payer requirements. We work diligently to resolve unpaid claims, ensuring that your practice receives the revenue it has earned. Our proactive methods not only recover outstanding payments but also help prevent future A/R issues by identifying and addressing root causes.
Transparency is a key aspect of our A/R recovery services. We provide detailed reports outlining the status of outstanding accounts, recovery efforts, and financial impacts. With Smart Tech MD Services handling your A/R recovery, you can focus on patient care, confident that your revenue cycle is in capable hands.
Smart Tech MD Services offers a pay-for-performance model designed to save your practice thousands. By outsourcing your billing to us, you also receive free software setup and thorough support for denied claims appeals.
Smart Tech MD Services ensures timely and accurate claim submissions, minimizing rejections and denials that stem from inefficient billing practices.
Smart Tech MD Services shortens turnaround times by promptly submitting claims to all relevant carriers using reliable electronic billing systems and smooth ERA integration.