Our Services

Accounts Receivable Management Services

Tracking Claims, Accelerating Payments, Ensuring Clarity

In the healthcare field, effective A/R management is vital for a smooth revenue cycle, connecting patient care to financial stability. Our Global Healthcare Accounts Receivable Management services address challenges like prolonged reimbursement cycles, claim denials.

At Global Healthcare, we specialize in providing comprehensive Accounts management Receivable Services designed to significantly reduce unpaid debt while expediting the collection of payments through proven best practices. Our unwavering focus on improving AR performance translates to enhanced financial health for healthcare providers.

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Role of AR

Role of Accounts Receivable

Cash Flow Optimization
Streamlined RCM
Stability & Growth
Patient Experience
Finances
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    Cash Flow Optimization

    AR is crucial for your healthcare institution's financial health, representing payments owed for services. Efficient management ensures steady cash flow, supporting operational expenses, growth ventures, and superior patient care. Effective management of AR ensures that a company can maintain adequate liquidity, meet financial obligations, and invest in growth opportunities.

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    Streamlined Revenue Cycle

    AR bridges service and payment in the intricate revenue cycle. The revenue cycle encompasses the entire process of generating revenue, from providing goods or services to collecting payment. Efficient AR management is crucial for optimizing this cycle. Effective management accelerates revenue conversion, enhancing overall cycle performance.

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    Stability and Growth Boost

    Enhanced AR practices directly bolster stability and growth. Increased revenue from efficient payment collection can elevate medical infrastructure, services, and patient attraction. By effectively managing AR, organizations can maintain financial stability, improve cash flow, and free up resources to invest in growth opportunities.

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    Better Patient Experience

    Smoother billing minimizes delays and errors, elevating patient satisfaction. A seamless and patient-centric approach to AR can positively impact patients' perceptions of their healthcare providers and contribute to a better overall patient experience. Prioritizing AR aligns financial goals with excellent care, fostering community trust.

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    Forward-Thinking Finances

    Our AR Services take a proactive financial approach. Forward-thinking finances involve proactive planning, strategic decision-making, and financial stability. AR contributes to this by optimizing cash flow, reducing financial risks, and creating a solid financial foundation for the future. By resolving discrepancies and denials, we position your institution for sustained growth, averting revenue loss.

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Our Services

Our Services

Accounts Receivables Tracking : Don't let unsettled accounts hinder your revenue. Our specialized team meticulously follows up on delayed or denied claims, ensuring timely reimbursements through strategic actions.

Expert Medical Billing : Efficient medical billing is key to a successful revenue cycle. Our experts ensure accurate and timely claims submission, reducing collection periods and costs while maximizing cash flow.

Bad Debt Management : Safeguarding financial health means addressing bad debt. Our analytical approach identifies issues and implements strategies that relieve bad debt without burdening patients.

Balanced Credit Solutions : Handling overpaid claims is made simple. Our credit balance services pinpoint and recover over payments from Global Healthcare payers, promoting a balanced revenue cycle.

Insurance Verification : Prevention is the shield against unsettled claims. Our insurance verification guarantees precise coverage checks, curbing denied claims and ensuring steady cash flow.

Seamless AR Transition : Switching systems shouldn't disrupt your operations. With industry experience, we smoothly manage system migrations and practice integrations, ensuring your healthcare accounts transition seamlessly.

Comprehensive AR Insights : Navigate your financial landscape with confidence. Our accounts receivable analysis offers insights into your revenue cycle, empowering decisions that prevent bad debt and boost payment collection.

Our Healthcare Process

Our Healthcare Receivables Process

Step 1 : Status Tracking Our skilled team initiates timely interactions with insurance companies, actively tracking the status of pending claims. Leveraging multiple channels such as websites, faxes, IVR, and phone calls, we ensure accurate and up-to-date information on claims' progress.

Step 2 : Denial Issue Identification This phase involves identifying and understanding the reasons behind claim denials. Our experts delve into denial codes, documentation, and relevant details to uncover the root causes of rejections.

Step 3 : Gathering Vital Details When denials arise due to incomplete or inaccurate data, we establish communication with the insurance company. This dialogue helps us determine the specific information needed for denial resolution.

Step 4 : Claim Refiling Equipped with the required information, we meticulously refile corrected claims to insurers. This process includes organizing essential forms, documentation, and expedited resolution.

Step 5 : Proactive Follow-up Plan Our proactive approach extends to refiling status and addressing any outstanding concerns. We develop a comprehensive action plan to maintain communication with insurers.

Step 6 : Claim Resolution The final stage involves vigilant monitoring of refiling progress with insurers. We persistently track and follow up, ensuring claims are efficiently processed and resolved.

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Our unique

What makes us unique

HIPAA Compliance : Your patients' privacy and data security are our utmost priorities. We initiate our healthcare AR management services only after signing the Health Insurance Portability and Accountability Act (HIPAA) agreement.

ISO/IEC 27001:2013 ISMS Certification : We understand the significance of data protection in the modern healthcare landscape. Our Information Security Management System (ISMS) is certified under ISO/IEC 27001:2013 standards.

Quick Resolution of Unsettled Claims : Recovering delayed payments swiftly is paramount to maintaining a healthy cash flow. With our healthcare accounts receivables services, you'll experience expedited resolution of unsettled claims.

Compliance with AMA and CMS Guidelines : Our qualified AAPC-certified medical coders are well-versed in both diagnostic and procedural coding. We adhere strictly to the guidelines set forth by the American Medical Association (AMA) and the Centers for Medicare & Medicaid Services (CMS).

Expertise and Infrastructure : Our team comprises highly skilled professionals with deep industry expertise. Whether it's medical coding, claim follow-up, or analysis, we have the knowledge and experience to address your unique challenges.

Cost-Effectiveness : We understand the financial pressures faced by healthcare providers. Our focus is on optimizing processes, streamlining workflows, and delivering results ahead of schedule.

At Global Healthcare Accounts Receivable Management Company, we don't just provide services; we offer a comprehensive solution that aligns with your healthcare facility's goals and values.

Contact us today to learn more about how we can transform your healthcare accounts receivable management.

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