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Account Receivable & Denial Management

Account Receivable & Denial Management

A lot of medical facilities face revenue leakage issues without realizing accounts receivable and denial management problems. Billing companies do not furnish timely reports on the aging, resulting in the owner’s loss in revenue due to accounts receivable and denials issues. Medical doctors and practice managers must know what services they are getting paid for and at what rate. Also, they should know what services they are not getting paid for. It is very important to know about the financial health of the practice.

Overview

Sometimes billers do not know how to fix the denials, and sometimes they take inappropriate action resulting in lost revenue. A good insurance model assists healthcare organizations in recovering late payments from insurance carriers promptly and conveniently. In this case, accounts receivable (A/R) and denial management are required. It enables healthcare providers to run their companies easily and successfully, while also ensuring that money is reimbursed more quickly. A professional accounts receivable specialist can manage this process effectively, using tools such as an accounts receivable aging report and accounts receivable automation to track and optimize payment collections. The role of an accounts receivable manager is crucial in overseeing these operations and ensuring the accuracy of the accounts receivable report.

You will earn more money if you outsource your A/R and Denial Management responsibilities to a professional medical billing company like RhinoMDs. Our accounts receivable services are designed to maximize your revenue by efficiently handling and resolving denial issues.

98%

First Pass Rate

100 %

Client Satisfaction

Up To 20 %

Cost Reduction

Contact

Get in touch

RhinoMDs is a company dedicated to ensuring our health care providers are covered in any process and the entire process.

Address

12600 Rolater Rd #120, Frisco, TX 75035

Our number

+1 (469) 257-3500

Email

info@rhinomds.com

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