SIGNIFICANT AR ANALYSIS AND FOLLOW-UP PROCESSES.

Of the plethora of things that top the agenda of a healthcare provider running behind payments due and clearing blocks in the payment pipeline, is a pain that every clinic, hospital or physician group would love to avoid.

Accounts Receivables at a hospital/ nursing home was purely a departmental activity until some time ago. New and evolving payer plans, co-insurance agreements, patient co-pays, and the increase in patients with a high deductible health plan has exceedingly complicated the nature of AR.

It demands the healthcare provider to revamp and re-strategize their revenue cycle management. The process is now complex requiring the skill of specialists and trained professionals who have diligence, analytical skills and patience.

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As the adage goes “A Penny saved is a penny earned”

Dealing with over a 1000 patients per day each insurer with different insurance, plan, along with the consistent updates and guidelines provided by the insurance companies, following up on the patient’s claim becomes tedious and eventful for a Hospital.

Well, if the importance of the issue doesn’t hit you well-enough, take a look at what the Accounts Receivables analysis and follow-up service can do for the healthcare provider:

  • 15% OVERALL INCREASE IN ANNUAL REVENUE
  • MINIMIZE ACCOUNTS RECEIVABLE DAYS
  • ACCELERATE CASH FLOW
  • REDUCES OVERHEADS 30-40% BELOW OPERATIONAL COSTS

Keep your financial health intact with QWay Health A/R Analysis and Follow-up. Your Revenue cycle will now become SMART, SMOOTH and SEAMLESS. Enjoy the even and predictable flow of cash.

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HOW WE HANDLE AR ANALYSIS AND FOLLOW-UP?

We do a scrupulous Study

An in-depth research on the accounts to determine the right follow-up strategy. Understanding the size and scale of your receivables and the risk- exposure.

We prime for the Process

A thorough eligibility check, claim scrub and continuous analysis for patterns on global problems, procedures and codes.

We stay on top of Quality

Readily available reports, quality assessment, technical support and special assistance during crisis.

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