Physicians across the nation have been struggling to find a professional who can relieve them of their administrative chores so that they can face the challenges of providing quality healthcare. Most physicians would rather prefer a specialist taking care of the reimbursement process and maximize their revenue but they are tirelessly looking for the rest to manage their revenue cycle management.
As health insurance claim submission and realization is a procedural one, your medical bills reimbursements take a while before being realized – piling up as Account Receivables for a considerable time. But leaving them unrealized beyond the admissible period (usually 45 days) will start to reflect on your revenue generation as well as bottom-line. Therefore, from physicians' sustenance and growth perspective, it is necessary that they have a dedicated monitoring on Account Receivables. But, like many of the Medical Billing Revenue Cycle Management components, Account Receivable Management too can be quite arduous for physicians whose primary concerns happens to be focused medical care.
As physicians start evaluating amongst the various possibilities in AR Management, our proven AR Management – comprising submitting error free clean-claims, proper analysis of denied claims and regular follow ups with insurance companies and patients for outstanding claims and dues – should suit their needs more appropriately. Our dedicated team of AR Management specialists ingeniously follow up all outstanding – both from insurance companies as well as patients – and recover them in the quickest possible turnaround time.
Adhering to the best practices in health care revenue management, our AR Management – evolved out of industry experience over the years – can expedite outstanding payments, resulting in appreciable increase to collection ration.
where in your unpaid and underpaid claims are analyzed and promptly followed up with insurance companies for speedier realization. Every effort is made to substantiate your claims as genuine and worthy of being realized fully.
wherein, based on the reasons for denial, your denied claims are taken up for resubmission or appealing with the respective attorneys if the insurance companies concerned refuse to entertain the resubmission.
wherein outstanding bills from patients are pursued through individualized tracking of patients' accounts.
wherein accumulated revenue is taken for audit to see that every account-related revenue is identified and not duplicated.
wherein files are taken up for possible redemption through strategic follow up with insurance companies.
Thus, with inherent capability of augmenting revenue generation, our comprehensive and streamlined AR Management can be of indispensible help when it comes to realizing your dues for dedicated medical care.
Discover how physician groups thrive with us
We had no visibility into whether our IPA capitation payments were accurate. MBC's reconciliation process identified $138,000 in underpayments in the first quarter. That's revenue our prior vendor never even looked for.
“I appreciate your prompt results on my Medicare inquiry. Dr. Ingrid Arnold and I appreciate the quality work that you and your team have provided to her practice. We had tried a couple of different insurance posting options, before we contracted with your company. We are delighted that we found your company to assist us. We find your reports timely and informative. I will recommend your services, without reservation, to any of our physician friends, who might be looking for a more reliable billing service”
“I want to thank you for your professional help during the past two years with our accounts receivable. I have absolutely nothing but appreciation for your company in helping us out with the jam we were in when our office manager suddenly quit. Since that time we have enjoyed an absolutely non-problematic relationship. Our experience with claims injury, handling insurance rejections, posting our payments, the account receivable process, patient statements, and the excellent service provided to my patients are greatly appreciated. I also sincerely appreciate all the help that you have given me and my staff and I wish you the best of luck in future endeavors.”
“For the last 4 years, MBC has been an integral part of growing our counseling and Intensive outpatient programs. My team and I appreciate MBC's commitment to exceptional customer support, credentialing, and billing services.”
Record high collections this month for our Chiropractic Practice! Thank you MBC!
I just wanted to take a moment to say a big thank you for all the hard work you've put in over the past two years! Your efforts have really helped us transform our old accounts receivable into the impressive numbers we see today. I truly appreciate everything you do to keep our operations running smoothly all year round. Let’s keep up the great work together as we continue to tackle past claims and stay on top of the current ones.
“We truly appreciate the exceptional work you are doing. Dr. Martha and I are grateful for your dedication and commitment. Your availability, regardless of the time, has been invaluable to us. The outstanding results we've achieved are a testament to your efforts, and we hope to continue this successful journey together. Thank you for all that you do!”
“Just a note of thanks in appreciation of all your help. The credentialling process can be daunting but you and the team at MBC were awesome every step of the way. Communication was clear, the process moved efficiently and the service was stellar. Thanks again and I look forward to working with you on this journey.”
“Our billing was poorly organized with a poor collection rate before you took on our account, and you have worked diligently to find what can be paid and have organized our billing process, including the sometimes difficult workers comp cases which compose a lot of my billing. Your unflinching attitude to constantly find ways to improve our billing is beginning to pay off. We are optimistic that with continued improvements and refinements we will see a big boost in our collections, and we are looking forward to a big turnaround in our finances in 2025 working with you. Thank you for your unstoppable attitude.”
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