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Complete RCM Services
+91 97400 13624
20/2 , 2nd floor, 1st Main Rd, 8th Block, Jayanagar, Bengaluru, Karnataka 560070

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Account Receivable Management Services

Accounts Receivable Management

Effective Account Receivable Management (ARM) is critical for maintaining a healthy cash flow and financial stability in your practice. Our comprehensive ARM services help you manage and collect outstanding receivables efficiently, ensuring timely payments and reducing the risk of bad debt.

Why Choose Our Account Receivable Management Services

  • Expertise

    Our team of experienced professionals specializes in managing healthcare receivables across various specialties.

  • Efficiency

    We employ advanced technologies and proven strategies to streamline the receivables process and accelerate collections.

  • Compliance

    We adhere to all regulatory guidelines and best practices to ensure compliance and minimize legal risks.

  • Transparency

    We provide regular, detailed reports and updates, giving you complete visibility into your receivables status.

  • Customer Support

    Our dedicated support team is available to assist with any questions or concerns, ensuring a seamless experience for you and your patients.

Accounts Receivable Management
Our Account Receivable Management Process

Our Account Receivable Management Process

Our Account Receivable Management Process
  • Insurance Follow-up
    • Regular follow-up with insurance companies to ensure timely payment of claims.
    • Addressing and resolving any issues or discrepancies promptly.
  • Patient Follow-up
    • Contacting patients regarding outstanding balances.
    • Providing clear explanations of charges and assisting with payment plans if needed.
  • Denial Management
    • Identifying and analyzing denied claims.
    • Taking corrective actions to appeal and resubmit claims for payment.
  • Payment Posting
    • Accurately recording payments received from insurance companies and patients.
    • Reconciling accounts to ensure all payments are accounted for.
  • Aging Reports
    • Generating detailed aging reports to track outstanding receivables.
    • Prioritizing collections based on the age of the receivables.
  • Analytics and Reporting
    • Providing regular reports and analytics on receivables performance.
    • Identifying trends and areas for improvement to optimize collections.

Benefits of Our Account Receivable Management Services

Benefits of Effective Accounts Receivable Management
  • Improved Cash Flow : Efficient management and collection of receivables ensure a steady cash flow for your practice.
  • Reduced Bad Debt : Proactive follow-up and effective denial management minimize the risk of unpaid claims and bad debt.
  • Enhanced Efficiency : Streamlined processes and advanced technologies improve workflow efficiency and reduce administrative burden.
  • Compliance Assurance : Adherence to regulatory guidelines and best practices ensures compliance and reduces legal risks.
  • Increased Visibility : Regular, detailed reports provide complete visibility into your receivables status and performance.
Benefits of Effective Accounts Receivable Management