A/R Cleanup and Recovery

Accounts receivable (A/R) cleanup and recovery are crucial for healthcare providers to maximize their revenue.

A/R Cleanup and Recovery

Accounts receivable (A/R) cleanup and recovery are crucial for healthcare providers to maximize their revenue.

Don’t fall behind on claims
Follow up on denials by insurance providers
Viability analysis to recover missing funds
Maximize your practice’s cash flow

  • Like any business, your practice provides a service.

    Uncollected claims are uncollected funds. Yet once a claim ages past 90 days, your success rate of collecting on it drops dramatically. HealthRev takes on the burden of collecting receivables that would be difficult to collect on.

    Solutions

  • Know why claims are denied and if it can be resubmitted.

    When claims are denied, HealthRev investigates the reason and takes necessary actions to resubmit corrected claims. By addressing common issues, including coding errors or lack of pre-authorization, we minimize your denial rate.

    Solutions

  • Track down unpaid claims with an experienced team.

    Instead of putting additional work on your already busy staff, allow HealthRev to look through your claims to find out where money might be missing. We can then determine which claims would be the most worthwhile to follow up on so you can reclaim missing revenue.

    Solutions

  • Clean claims equal faster turnaround for payments.

    Your practice could be missing out on funds owed to you due to mistakes causing claims to be denied or payments that have been received but not recorded. We can streamline your A/R process and recover outstanding funds that are still viable.

    Solutions

Don’t fall behind on claims

Like any business, your practice provides a service.

Uncollected claims are uncollected funds. Yet once a claim ages past 90 days, your success rate of collecting on it drops dramatically. HealthRev takes on the burden of collecting receivables that would be difficult to collect on.

Follow up on denials by insurance providers

Know why claims are denied and if it can be resubmitted.

When claims are denied, HealthRev investigates the reason and takes necessary actions to resubmit corrected claims. By addressing common issues, including coding errors or lack of pre-authorization, we minimize your denial rate.

Viability analysis to recover missing funds

Track down unpaid claims with an experienced team.

Instead of putting additional work on your already busy staff, allow HealthRev to look through your claims to find out where money might be missing. We can then determine which claims would be the most worthwhile to follow up on so you can reclaim missing revenue.

Maximize your practice’s cash flow

Clean claims equal faster turnaround for payments.

Your practice could be missing out on funds owed to you due to mistakes causing claims to be denied or payments that have been received but not recorded. We can streamline your A/R process and recover outstanding funds that are still viable.

Get a dedicated team to take the A/R burden

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Accounts receivable is a big job for an in-house billing team that already wears a lot of different hats to keep up with demand.

Unrecorded transactions, time needed to follow-up, and takes up valuable time and costs your practice revenue.

Unrecorded transactions, time needed to follow-up, and takes up valuable time and costs your practice revenue.

With HealthRev, you get a dedicated team that will go through and clean up viable claims and recover missing revenue.

With HealthRev, you get a dedicated team that will go through and clean up viable claims and recover missing revenue.

We’ll determine what unpaid claims are still payable and work with insurance companies to get the money you’re owed that’s still viable.

We’ll determine what unpaid claims are still payable and work with insurance companies to get the money you’re owed that’s still viable.

Platforms

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$ M A/R Recovered

Outsourcing your A/R cleanup and recovery gives you an outside perspective into your billing process. We notice recurring problems with your process that cause more denials and work to fix them.

On top of that, we go even further. We can educate you and help improve your practice’s cash flow by providing insight on errors and how to prevent them.

Customize solutions for your cash flow process

When we onboard new clients, our A/R cleanup and recovery services begin from the day your practice signs on. This ensures that all of the claims, from the day we become part of your team, are in good hands and are being monitored carefully.

For a higher rate, we can go even further by looking at older claims to recover more of your missing revenue. By making HealthRev part of their team, medical practices nationwide have earned 8-15% more revenue than with other medical billing companies.

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