Billmate

AR Management

AR Management

AR Management

Effective accounts receivable (AR) management is essential to ensuring a healthy cash flow. At Billmate, we actively monitor unpaid claims, address denials, and re-submit claims to get you the reimbursements you are entitled to. Our staff performs aging AR analysis to determine trends and implement strategies for enhancing collections. We also give you periodic updates on the status of your AR and collaborate with your practice to resolve any issues. With Billmate's AR management services, you can free yourself from the weight of unpaid claims and concentrate on building your practice. We aim to ensure that you reach financial stability and achieve your full revenue potential.

Key Features of Our AR Management

Proactive Tracking

Monitor unpaid claims and resolve issues promptly.

Denial Resolution

Expert handling of denied claims to maximize recoveries.

Aging AR Analysis

Identify trends and implement strategies to improve cash flow.

Regular Updates

Transparent reporting on the status of your accounts receivable.

Our AR Management Process

1

Claim Tracking

We monitor unpaid claims and identify delays or denials.

2

Denial Resolution:

We investigate denied claims, correct errors, and resubmit them promptly.

3

Aging AR Analysis

We analyze aging accounts receivable to identify trends and implement recovery strategies.

4

Follow-up

We follow up with insurance companies to ensure timely payments.

5

Reporting

We provide regular updates on the status of your AR and recovery progress.

Frequently Asked Questions

How quickly do you submit claims after receiving documentation?

We typically submit claims within 24-48 hours of receiving complete documentation. This rapid turnaround helps accelerate your payment cycle and improve cash flow.

What is your average claim acceptance rate?

Our clients enjoy a first-pass acceptance rate of over 98%, significantly higher than the industry average. This high acceptance rate is achieved through our rigorous pre-submission verification process and coding expertise.

How do you handle claims for multiple insurance carriers?

We manage primary, secondary, and tertiary insurance billing seamlessly. Our system tracks the status of each claim and automatically submits to subsequent carriers once payment or denial is received from the primary insurer.

Can you accommodate specialty-specific billing requirements?

Absolutely. Our team includes specialists familiar with the unique billing requirements of various medical specialties. We customize our approach based on your specialty's specific coding guidelines, documentation requirements, and payer rules.

Ready to Optimize Your Billing Process?

Contact us today for a free consultation and discover how our claims submission service can improve your revenue cycle.

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