Upgrade Your Account Receivable Follow-Up Efficiency
05+
Years Experience
100+
Providers
99%
HIPAA Compliance
Accounts Receivable Management Services
At Practice Align, we help healthcare providers reduce the time their bills remain in Accounts Receivable (A/R). We provide quick follow-ups. Our method lets you understand why there are holdups.
Follow-Up with Insurance Companies
We use various methods, such as websites, fax, IVR, and phone, to understand the claim status. We also work with our provider partners to make websites the primary communication method.
Develop Policies and Procedures for A/R Follow-up
We check the aging of the A/R and identify the due dates for the payer's file information. The right timing for our follow-up calls (after submitting the claims) helps save effort before the payer has the needed information.
Automation
We've built innovative tools for logging into payer sites, asking questions, and pulling claim status information. This automation makes the follow-up process more efficient and precise.
Action Plan
Our job is more significant than just getting claim statuses. We go the extra mile. We do things like resubmitting claims, sending appeals for payment, and performing analytics. Our goal is to shorten the days in A/R.
Fast
payments &
Claim Handling
The Extent of Our Outsourcing for Accounts Receivable
The following services are offered:
Creating invoices by estimates and service delivery
Updates for the systems invoices
Updated accounts receivable information on schedule
Regular receivables collection
Addressing late payments by posing pertinent inquiries
Estimated cash flow based on outstanding debts
Work with Practice Align for Better A/R
Enhance your practice's finances with our detailed A/R management services. Contact us to learn how we can help you improve your A/R methods and generate a steady profit.
Certified
Medical Coders
Accounts Receivable Clearance Projects
Hospitals, emergency rooms, urgent cares, and clinics often struggle with old A/R. This is due to the need for more staff and inefficient strategies for writing off debt or closings. All these result in a lot of old insurance claims. We tackle A/R backlog clearing as a one-time task, following a solid process that includes:
Analyzing
We review the claims and sort them based on age, payer group, whether they were filed on time and different payer types. This helps us determine how good the A/R is and identify ones that can be collected through a final clearing effort. This allows us to evaluate the A/R post-clearance before selling it to debt collectors.
Setting Guidelines
Having clear policies often leads to clarity in A/R situations. This may be due to leadership changes or a need for more methods or strategies. When we take up an A/R backlog-clearing task, we help you and our billing client set up goals for collection, define negotiation processes, and decide how many tries should be made before a claim is seen as non-collectible.
Collected Clinical Documentation
Sometimes, A/R backlog-clearing tasks arise from changes in the underlying system. Having an exemplary method for retrieving clinical files is essential. These files are necessary for the process of collection to be effective.
Practice Align: Your Path to
Financial Progress
Frequently Asked Questions
We at Practice Align, responsibly try different & unique solutions to help you grow.
Managing Accounts Receivable (A/R) is about monitoring and gathering cash from patients and insurers for healthcare services. Doing A/R management well leads to getting payments fast, fewer days in A/R, and a better cash stream.
Practice Align helps healthcare providers by conducting timely follow-ups with insurance companies and patients. We use multiple contact methods, including websites, fax, IVR, and phone, to get accurate claim status updates. Our experienced team ensures that follow-up actions are taken promptly to reduce delays and improve collections.
By partnering with Practice Align, your practice can benefit from:
• Reduced days in A/R
• Enhanced collections
• The strategic shift toward denial prevention
• Improved cash flow and financial stability
Our global vision at Practice Align is to be a top-choice healthcare organization.
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