Physician’s practice and proper cash flow management are directly proportional to each other. Cash flow management is pivotal to a physician’s success. If cash flows are not timely and properly managed, it may adversely affect the overall functioning of a physician. When we speak of issues relating to cash flows, the most crucial factor is a poorly managed A/R.
These days, when specialized A/R services are being offered by billing companies, things have become relatively easier and smoother for a physician as it enables them to attend their patients with more focused mind without any worry on follow-up of claims. The idea behind A/R follow up services is to maximize Collection for physician offices. The process starts as soon as Doctor’s biller creates and sends Health Insurance Claims to various Insurance companies.
There are 2 types of claims Follow-Up:
The Follow-Up Module:
Thus, A/R follow-up services are truly handy for physician’s offices as they save time, allow greater flexibility to the physician, keep the follow-up records more organised and maximize revenue at the same time.
MBC is the best in class billing company that has a legacy of keeping the A/R follow-up days to an average of 21 days, in any specialty and any city across U.S.
Their A/R team of highly skilled and trained professionals offers complete solutions to address difficulties that occur in cash flows. The aim is to get funds releases as quickly as possible for the client. They strive to accelerate cash flows and reduce A/R days.