Accounts Receivable (AR) Management
Streamlining Your Revenue Collection
At Protouch Medical Billing, we understand that efficient AR Management is crucial for maintaining a healthy cash flow and ensuring the financial success of your practice. Our services focus on monitoring unpaid claims, conducting thorough follow-ups, and providing comprehensive metric reporting to help your practice optimize collections and reduce AR days.
Contact UsKey AR Management Services
AR Monitoring and Categorization:
We closely track unpaid claims and categorize them by age and payer. This helps us identify outstanding balances, prioritize collections, and ensure that no claim is overlooked. By reviewing the AR aging reports regularly, we reduce delays and prevent revenue loss.
Unpaid Claims Follow-Up:
Our dedicated team aggressively follows up on all unpaid or underpaid claims, contacting payers and patients to resolve issues promptly. We prioritize older claims and work to resolve any discrepancies that may be causing payment delays.
Denial Resolution:
We don’t just monitor unpaid claims—we actively resolve denials. Whether due to coding errors, missing documentation, or payer disputes, we resubmit corrected claims or appeal unjust denials to ensure full reimbursement.
Metric Reporting:
To keep you fully informed, we provide regular performance reports on key AR metrics, including Days in AR, aging buckets, and collection rates. These reports offer insights into your practice’s financial performance and help you make data-driven decisions to improve efficiency.
Why AR Management Matters
Optimized Cash Flow:
By minimizing AR days and ensuring timely collections, we help keep your cash flow stable and predictable, allowing you to focus on delivering quality patient care.
Reduced Revenue Loss:
Delayed or missed payments can significantly impact your practice’s bottom line. Our proactive follow-up strategies help you recover overdue payments and reduce bad debt write-offs.
Improved Practice Efficiency:
With a dedicated AR team handling claims follow-up, your practice can reduce administrative burdens, streamline workflows, and increase the speed of revenue collection.