A/R (Account Receivable Management Services)
IPIRCM Inc goes beyond providing A/R Management Services – we’re your committed partner in improving your practice’s financial performance. Don’t let unpaid claims hold back your practice’s growth; join forces with us and embrace success today!
Discover how IPIRCM Inc’s A/R (Account Receivable) Management Services can boost your practice’s financial well-being and make collecting money easier. Our dedicated team makes sure to check on unpaid claims quickly, reducing the money you lose and making sure you get paid faster.
If you’re having trouble with claims not getting paid and challenges with having enough money, let IPIRCM help you improve how you collect money. This way, you can concentrate on giving excellent care to your patients.
Our A/R Management Services
At IPIRCM Inc, we understand the critical role that timely reimbursements play in the financial stability of your practice. Our A/R Management Services are designed to address this crucial aspect with precision and expertise.
Our Core Services Process
Daily Charge Entry:
We ensure the accurate recording of daily charges related to patient services and procedures.
Handling Patient and Insurance Billing Calls:
Our team manages all calls related to patient and insurance billing, addressing inquiries and providing assistance.
Claims Processing (Electronic & Paper):
We process claims efficiently, utilizing both electronic and paper methods to ensure timely submissions.
Complete Claim Follow-Up (Including Appeals on Denials):
We conduct thorough follow-ups on all claims, including filing appeals in case of denials, aiming for optimal reimbursement.
ERA/EFT Capability and Set-Up:
We leverage Electronic Remittance Advice (ERA) and Electronic Funds Transfer (EFT) capabilities, streamlining payment processes.
Prompt Payment Posting:
Ensuring swift and accurate posting of payments received, contributing to an efficient revenue cycle.
Analysis and Updates to CPT, ICD, and HCPCS Codes:
Our team stays current with updates to procedure, diagnosis, and supply codes, ensuring accurate billing and compliance.
Daily and Monthly Financial Reports:
Providing comprehensive financial reports on a daily and monthly basis, offering insights into the financial performance of your practice.
Here’s how we can assist you:
Efficient Follow-Ups
Our team conducts regular and methodical follow-ups with insurance companies to expedite the processing of outstanding claims.
Minimize Revenue Loss
By staying on top of unpaid claims, we minimize revenue loss due to delayed or denied reimbursements, ensuring your practice’s financial health.
Cash Flow Optimization
Timely and consistent follow-ups lead to faster claim processing, resulting in improved cash flow for your practice.
Comprehensive Reporting
We provide detailed reports on the status of your accounts receivable, offering transparency into your practice’s financial performance.
Customized Strategies
Our experts tailor A/R management strategies to suit the specific needs of your practice, ensuring maximum effectiveness.
Why Choose IPIRCM Inc for A R Management?
When you choose IPIRCM Inc for A/R Management Services, you’re making a significant move towards financial success and operational efficiency.
Here’s why our services stand out:
Expertise
Our team knows a lot about A/R management and is good at making sure follow-ups work well and get things done efficiently.
Results-Driven
We are committed to delivering tangible results by reducing outstanding claims and improving your practice’s cash flow.
Transparency
We provide clear and comprehensive reporting, so you’re always informed about the status of your accounts receivable.
Customization
We know that each practice is different. We customize our plans to fit what you need, making sure things work as well as possible.
Benefits of Account Receivable Management Services
- Highly efficient A/R handling, less than 60 days to finish.
- Follow-up on denials, Lost claims
- Follow-up on Denials from clearing house and insurances
- Appeal Management
- And more