AR Management — Turn Aging Claims into Cash
Stop watching revenue age. We reduce Days in AR by 35% through systematic aging analysis, aggressive follow-up, and proven collection strategies.
Proven Results
- 60% Increased Collections
- 40% Reduced A/R Days
- $380K Average Annual Recovery
- 95% A/R Under 90 Days
Us vs. Typical Billing Company: AR Management
| Category | Medtransic | Typical Billing Company |
|---|---|---|
| Days in AR | 28-35 days average | 50-70 days average |
| AR Over 90 Days | <5% of total AR | 20-30% of total AR |
| Follow-Up Cadence | Daily aging review, age-based protocols | Weekly or biweekly batch follow-up |
| Underpayment Detection | Automated contract rate matching on every payment | Manual spot-checks on flagged claims |
| Collection Rate | 95%+ of allowed amounts | 80-85% of allowed amounts |
| Payer Communication | Direct payer contacts, strategic escalation | Standard hold-queue calls |
Common Challenges
Aging Accounts Receivable
Outstanding balances continue to age beyond 90 days, reducing the likelihood of collection and negatively impacting cash flow and working capital.
Lack of Follow-Up Systems
Without structured follow-up processes, unpaid claims sit idle while timely filing limits expire and collection opportunities are lost.
Underpayments Go Undetected
Contractual adjustments and payment variances are not systematically reviewed, allowing payers to underpay without detection or correction.
Inefficient Collections Process
Manual, time-consuming A/R management processes drain staff resources while delivering poor results and inconsistent outcomes.
Payer Communication Delays
Ineffective payer communication and lack of dedicated follow-up staff result in extended resolution times for outstanding claims.
Limited A/R Visibility
Without detailed reporting and analytics, practices cannot identify problems, prioritize efforts, or measure collection performance effectively.
Our Solutions
Systematic A/R Follow-Up
Dedicated team follows structured workflows to work every outstanding claim methodically, ensuring no revenue opportunity is missed.
- Daily A/R review and prioritization
- Age-based follow-up protocols
- Deadline tracking prevents write-offs
- 60% improvement in collection rates
Advanced Payment Analysis
Technology-driven payment variance analysis identifies underpayments, contractual discrepancies, and revenue recovery opportunities.
- Automated EOB analysis and variance detection
- Contract rate verification on every payment
- Underpayment identification and recovery
- Detailed payment reconciliation
Expert Payer Communication
Experienced A/R specialists maintain effective payer relationships and use proven strategies to accelerate claim resolution.
- Direct payer relationships and contacts
- Strategic escalation when needed
- Professional persistence without antagonism
- Resolution time reduced by 50%
Comprehensive A/R Analytics
Detailed reporting and metrics provide complete visibility into A/R performance, aging trends, and collection effectiveness.
- Real-time A/R aging reports
- Payer-specific performance metrics
- Collection trending and forecasting
- Actionable insights for improvement
Service Features
Outstanding Claim Follow-Up
Systematic pursuit of all unpaid claims with payer outreach, status tracking, and resolution management.
- Daily claim status monitoring
- Payer inquiry and follow-up
- Documentation requests
- Escalation procedures
Payment Variance Analysis
Detailed review of all payments to identify underpayments, incorrect adjustments, and recovery opportunities.
- EOB analysis
- Contract verification
- Underpayment recovery
- Adjustment validation
A/R Reporting & Analytics
Comprehensive reporting on A/R performance with aging analysis, collection metrics, and trend identification.
- Aging bucket analysis
- Payer performance reports
- Collection trending
- Custom dashboards
Patient Balance Management
Professional patient billing and collection services that maintain positive relationships while maximizing recovery.
- Patient statement generation
- Payment plan setup
- Courteous follow-up
- Financial counseling
Our Process
Full AR Aging Analysis
We segment your outstanding AR by age bucket, payer, denial status, and dollar amount to identify the highest-value recovery opportunities.
Prioritized Recovery Campaign
High-value aging claims over 60 days are targeted first. Each claim is categorized as appealable, resubmittable, or write-off candidate.
Systematic Follow-Up Workflows
Payer-specific follow-up cadences are established with automated worklists to ensure no claim falls through the cracks.
Underpayment Detection & Recovery
Every payment is compared against contracted rates using variance detection software. Underpayments are flagged and appealed systematically.
Ongoing KPI Monitoring
Days in AR, aging percentages, and net collection rate are tracked monthly. Most practices reach under 25 days in AR within 90 days.
Related Billing Resources
Key Services
- AR management
- accounts receivable management
- claim follow-up
- AR follow-up services
- aging accounts management
- collections services
Contact Medtransic today for expert ar management services. Call 888-777-0860 or visit https://medtransic.com/contact for a free consultation.