HEALTHCARE ACCOUNTS RECEIVABLE SERVICES

Are you looking for a streamlined system to control and accurately manage your accounts receivable and recovery? Are you falling short of resources to handle your accounts receivable requirements and improve your cash flow? Then, the best option for your organization is to outsource healthcare accounts receivable services to an experienced service provider.

Vardhan Medical Coding Private Limited is one of the best offshore outsourcing providers located in India and USA. At Vardhan Medical Coding Private Limited, our main objective is to recover funds as quickly as possible while simultaneously, reorganizing, recruiting, and training our staff to perform these functions as efficiently as possible. Vardhan Medical Coding Private Limited will not only save your operational costs but also help in improving the cash flow.

Why Outsource Accounts Receivables Services?

Accounts receivables include the management of many reports dealing with insurance, collection analysis, write-offs, bad debt reviews, and ratio analysis. It includes the analysis of insurance contracts to ensure that healthcare providers are being reimbursed correctly.

Outstanding claims and delayed collections often place added administrative strain on healthcare organizations. Often, insurance companies often deny claims or refuse to pay.

Additionally, federal regulations have become increasingly more stringent. This increases the pressure on healthcare organizations to follow up on denied or appealed claims. The main reasons for claims denials are incorrect/incomplete data entry and incorrect medical coding. Outsourcing healthcare accounts receivable services to Vardhan Medical Coding Private Limited can help your healthcare organization to effectively deal with your accounts receivables.

Healthcare Accounts Receivable Services We Offer

Having been in the healthcare industry for over 3 years now, we understand the client’s requirements with ease and provide the services accordingly. Our team comprises some of the most qualified and skilled medical professionals who can cater to any of your needs. Some of the key services we take care on your behalf include -

  • At Vardhan Medical Coding Private Limited, we can follow-up your pending claims, initiate collections, trace the reasons for claims denials, track outstanding receivable balances by the customer and by the date when payment is due, and provide periodic reports

  • We can ensure better operations through an increase in efficiency, proper guidance, and training to the concerned healthcare personnel and statistical dimensions that can help monitor your progress

  • We offer accounts receivable recovery services wherein Vardhan Medical Coding Private Limited skilled staff will identify billing operation problems that result in nonpayment or incorrect payment of claims and resolve the situations

  • We can research outstanding accounts receivable balances to distinguish collectible and uncollectible amounts

  • The coinsurance or deductible amounts to the appropriate payers are identified and billed

  • Vardhan Medical Coding Private Limited provides routine reports to customers, detailing collection progress, including payments and recommending adjustments

Software We Leverage for Medical Claims Processing

We use leading medical claims processing software for scanning insurance claim forms and automating the collection and processing of claim payment data. This helps us process claims in record time. In addition, our integrated, client-customized systems help us handle claims related to a wide variety of health plans as well as medical, vision, prescription drugs, dental, disability, and COBRA claims. We believe in providing our clients with error-free services within a quick time. This is possible by making use of the latest and best tools and technologies. Some of the popular software we leverage include -

Please Check Below PDF file for more Information

To outsource your HEALTHCARE ACCOUNTS RECEIVABLE SERVICES and well organize your revenue cycle management.