How to reduce days in accounts receivable to improve revenue cycle

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Introduction

• A healthy revenue cycle is basic for keeping up
  the financial prosperity of your healthcare
  facility also guaranteeing that physicians in
  your organization are repaid appropriately.
  Reducing days in accounts receivable is one of
  the best strategies to improve the business
  revenue cycle.
• There are a few factors that go into keeping up a
  revenue cycle including
• Scheduling
• Patient registration and eligibility verification
• Medical billing and coding
• Claims management
• If any of these factors get out of line, the
  revenue cycle can be disturbed, causing
• an increase of AR days. Let us discuss why you
  should concentrate on reducing
• your days in accounts receivable and a few
  strategies to keep your revenue in
• line.

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Make Research on Unpaid or Aging Claims

• Its critical to audit claims submitted through
  clearinghouses, research claim status through
  payer sites, and contact payers by telephone to
  make sense of what befell those unpaid balances
  when no dispatch can be found to help settle the
  issue.
• Always record the name of the payer agent you
  talked with during your discussion as this data
  may prove to be useful not far off. Either
  research promptly as the mistakes come up during
  posting or observe all claims on a remit with
  blunders and research those after posting the
  check.

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• Research any claims aged more than 30 days, Now
  and again, you may discover the payer is as yet
  handling the claims knowing which payers take
  more time to process permits you to concentrate
  on the individuals who should pay soon.
• Researching an unpaid claim is a tedious
  procedure. It can take somewhere in the range of
  five minutes to as long as one hour to
  investigate a solitary claim. With the help of
  our dedicated revenue cycle management team,
  review your outstanding claims and analyze unpaid
  claims. Our medical billing experts concentrate
  on your insurance follow up and AR cleanup.

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Outsource Your Revenue Cycle Management Process

• Revenue cycle management outsourcing companies
  effectively accomplish HIPAA compliance and get
  twins ISO certified. e-care is also twins ISO
  certified and HIPAA compliant medical billing
  company in India.
• Ensures protected health information security
• Enhances the effectiveness of the clients
  overall operations
• Uses the latest technologies for medical billing
  process
• Accelerate the cash flow and revenue
• Reduce denial rates
• Builds a patient-provider relationship
• Timely reimbursement
• Minimizes billing errors

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About e-care India

• e-care India is the best revenue cycle management
  company. We have 20 years of experience in
  medical billing and coding. Our revenue cycle
  management service includes insurance eligibility
  verification, denial management. Billing experts
  identify the denials and make corrections to the
  claims for resubmission. We achieve maximum
  reimbursement. To know more about our services
  visit our website www.ecareindia.com and contact
  us today to schedule an appointment to become a
  partner.

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THANKS!

• Any questions?
• You can find US at
• Info_at_ecareindia.com
• 1 813 666 0028
• www.ecareindia.com

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