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Accounts Receivable & Denial Management |
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Maximize Medical Reimbursemnts |
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Nothing is more critical to your practice than having highly efficient accounts receivable and claims denial management. It's the difference between financial stability for your practice and struggling to make ends meet. Whether you outsource all of your medical billing functions to Precision, or just the critical AR and Denial Management tasks, you can count on Precision to bring you valuable net returns on the resources devoted to this important area of your practice.
In a nutshell, outsourcing your AR and Denial Management functions to Precision will net you greater income by minimizing lost reimbursements by maximizing your effectiveness at collecting unpaid claims. It's the right value equation to get you the highest possible return on investment; it's a service that more than pays for itself.
- AR Management:
Precision takes care of all the critical
functions involved in AR management including
filing of appeals, assessing insurance low pays,
updating insurance contracts, managing unapplied
balances, managing refunds, and processing
patient statements and delinquency letters.
- Denial Management: Minimize lost reimbursements and
denials with highly efficient systems and
services designed to meet your needs. Maximize
your effectiveness at collecting unpaid claims.
Precision expertly tracks and manages timely
follow up on all unpaid claims, ensuring that no
time is lost on pursuing every reimbursement
possibility.
- The Right Value Equation: AR & Denial Management is extremely
time-consuming and most practices (and billing
companies) do not devote
sufficient resources to adequately pursue maximum
reimbursement. Precision's services are highly functionalized and
supported by software tools that typically
produce a significant net gain in
reimbursement of each client practice, making the decision to
outsource this function a clearly positive value
equation.
- Workflow and
Reporting: Precision dedicates specific
staff, well trained and experienced in denial
management, to undertake this very important
work. The software tools used by
Precision's staff allow for well managed and
timely follow up on all unpaid claims.
These same workflow tools allow for extremely
detailed and useful reporting, making work done
on denied claims very visible and make
accountable all the resources devoted to this
task.
- 24/7 Help Desk:
Precision's team of experts is always available
to offer immediate support to you and your staff no matter what the issue or problem may be.
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