Ensure Timely Payments and Boost Cash Flow with Expert AR Follow-Up Services!
At Health Care Protectors, our Accounts Receivable (AR) Follow-Up services are designed to ensure timely payments and maintain healthy cash flow for medical practices, including urgent care, primary care, specialty clinics, and more. We handle follow-ups for both insurance patients and self-pay customer balance recovery, utilizing a proactive professional approach to resolve outstanding claims efficiently.
Services Provided
Benefits
Statistics and Impact
Effective AR Follow-Up can significantly improve a practice’s financial health. Practices that implement robust AR follow-up strategies can see a 20% increase in collections and a reduction in outstanding balances by up to 30%. These improvements not only boost revenue but also reduce the administrative burden on healthcare providers, allowing them to focus on patient care.
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Your questions answered
We handle follow-ups for both insurance patients and self-pay customers. Our team is experienced in managing claims from insurance companies as well as recovering balances from self-pay patients through calls and text messages.
We initiate follow-up actions as soon as claims become overdue. Our team actively monitors unpaid claims, identifies issues causing delays, and takes immediate action to resolve them. This proactive approach minimizes the risk of aging accounts.
We handle balance recovery for self-pay customers through calls and text messages, ensuring effective communication and prompt payments. Additionally, we send monthly statements to keep patients informed about their outstanding balances.
Outsourcing AR Follow-Up to us ensures timely payments, improves cash flow, reduces the administrative burden on your staff, and provides transparent reporting on the status of outstanding claims.
We take the time to understand the unique challenges faced by each practice. We then tailor our follow-up strategies to address these challenges effectively, ensuring that our services are aligned with your specific needs.
We provide detailed reports and regular updates on the status of your outstanding claims. These reports give you clear insights into the effectiveness of our efforts and the financial health of your practice.
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