OLD AR AGED AR
ANALYSIS AND TRACKING TO AVOID PILE-UP
Worried about Old AR? Outsource it to us and sit back and relax while we work it down. A lot of medical billing companies would focus only on projects that shore up bottom line, but shy away from taking up projects with a lot of old AR. At QWay, we have proven techniques and processes to exclusively manage Old AR.
Cleaning up Old AR and managing denials requires prudent and calculated efforts from a medical billing company.
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We recover old AR & manage them
judiciously by:
Being aware of the TFL:
We are a medical billing company that proactively works towards avoiding AR pile up. The Timely Filing Limit which is considered as one of the main reasons for AR pile -up varies from one payer to another. We learn the pre-determined TFL of the payer and submit claims accordingly.
Timely filing of Appeal:
A denied claim needs to be carefully assessed by the account receivables professional. It is important to file an appeal within 7 days of receipt of denial notice from the payer. We watch it on time when it comes re-filing of appeals, in order to crunch down on aging AR.
ATB, AR Report and EDI:
Using an EDI report allows us to easily track the change in the status of the reports. The ATB (Aged Trial Balance) report throws a lot of light on the outstanding amount due and the AR Report enables the accounts receivable professional to contain the DRO (Days in Receivables Outstanding) within the 60 and 90 days.
COMPLIANCE / AFFILIATIONS
We Respect Rules & Regulations
HIPAA
Compliance to HIPAA regulation
HEALTHCARE BILLING
Robust quality system with stringent controls at highest standards of data security.
ISO 9001:2015
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