Account Receivable Management
Efficient AR Management For Medical Practices
Durable Billing Tools
We utilize a suite of advanced medical billing tools and the latest software to ensure seamless and accurate claim submissions.
24/7 Billing Support
Our medical billing professionals are available 24/7 to offer urgent support to practices whenever needed.
Skilled Billing Staff
We provide daily, weekly, monthly, and annual reports to ensure transparency in our services.
Audits and Reporting
To ensure transparency in our services, we provide medical practices with daily, weekly, monthly, and annual reports.
Accounts Receivable Management
Why Work With Us?
We are a leading medical billing company providing comprehensive RCM solution at cost-effective rates.
- 99% claim acceptance rate
- 100% HIPAA compliant process
- Affordable and Flexible Billing Plans
- Robust practice medical billing audits
- Enhance cash flow and reduce billing errors
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Impact of A/R Backlog on Medical Practice Performance
Accounts receivable backlogs can significantly affect both the financial and operational performance of a medical practice. Independent healthcare providers rely on revenue generated from services rendered and the claims reimbursed for those services. When reimbursements are delayed or denied, it leads to unclaimed payments and a growing backlog, ultimately harming the practice’s financial and operational health.
To mitigate these issues, it’s essential for medical practices to establish a robust revenue cycle management process that minimizes accounts receivable and ensures timely reimbursements.
Why Choose Our A/R Management?
While many medical billing services in the United States offer accounts receivable management, our approach at Healthsync Billing Services goes beyond mere professionalism—it’s a commitment to ensuring the financial success of healthcare providers. Our dedicated team understands the vital role that healthcare professionals play in our society, working tirelessly to alleviate pain and provide relief to patients.
We are here to support medical providers throughout their revenue cycle management, helping to minimize account receivables and reduce the financial burden they face. Choose us for a partnership that prioritizes your practice’s success and the well-being of your patients.
Account Receivables Managed with Clean Claims
Reliable estimates indicate that most claim denials stem from discrepancies and errors early in the revenue cycle management process. This can occur due to incorrect eligibility verification, breakdown of benefits, or coding mistakes that lead to denied claims. At Healthsync Billing Services, we focus on minimizing claim denials and account receivables by ensuring your claims are as clean as possible—free from errors.
Our team of medical billing experts, with over two decades of experience, conducts thorough research and verification to achieve this. Trust us to handle your claims with precision, improving your revenue cycle efficiency and financial health.
Looking to outsource your accounts receivable medical billing services?
Account Receivables in Healthcare FAQs
What is A/R Backlog for a Medical Practice?
An A/R backlog occurs when a medical practice fails to claim reimbursements for its services, leading to an accumulation of denied claims and outstanding amounts. This unpaid amount represents the A/R backlog.
Why do claim denials occur?
Claim denials primarily arise from errors in the billing and coding processes. Research indicates that many denials also result from mistakes in eligibility verification and the breakdown of benefits.
What is the goal of A/R management?
The primary goal of A/R management, a key component of revenue cycle management, is to minimize the account receivables of a medical practice. Effective A/R management helps prevent the buildup of a financially burdensome backlog, which can negatively affect the practice’s overall health.
