- (773)-985-1869
- info@stream-rcm.com
- 14430 Ocean Point, El Paso, TX 79938
Timely AR follow-up is important for medical practices and physicians to avoid claim denials, reduce outstanding patient balances, and maintain consistent cash flow. Partner with Stream RCM a healthcare Accounts Receivable Management company to streamline the AR follow-up process by resolving the denial issues on time. Stream RCM is designed to empower healthcare providers to update and improve the revenue cycle, and maximize the collection results.
Accounts Receivable (AR) follow-up involves the systematic monitoring and management of outstanding insurance claims and unpaid patient balances to ensure timely reimbursement.
We actively monitor all outstanding claims and patient balances, ensuring nothing is overlooked. Our process includes verifying claim statuses, resolving denials, correcting billing errors, and following up with insurance payers and patients consistently. We provide detailed and transparent reporting to address discrepancies promptly and prevent delays. We accelerate reimbursements, reduce write-offs, and maintain a steady cash flow to help practices enhance their revenue cycle effectively by combining proactive communication, efficient workflows, and dedicated account management.
Our AR follow up services proactively track unpaid claims, resolve denials, communicate with insurance payers, and improve collections while strengthening healthcare accounts payable and receivable management.
We offer tracking of submitted claims to verify processing status, prevent delays, address issues promptly to ensure timely insurance reimbursement.
We provide full analysis of claim denials, correction of billing or coding errors, and timely resubmission of claims within payer-specific deadlines.
We offer preparation and submission of detailed appeals with required documentation and justification to recover revenue from denied insurance claims.
We provide complete review of outstanding accounts receivable, finding aged balances and prioritizing complex accounts for faster resolution.
We provide consistent follow-ups with insurance representatives to confirm claim status, simplify discrepancies, and expedite pending processed claims.
We assist patients with billing inquiries, explain charges evidently, arrange payment plans, and resolve outstanding balances professionally and efficiently.
Update your accounts receivable follow up, reduce denials, and accelerate reimbursements with our expert AR management services to improve cash flow and collections efficiently.
Consistent AR follow-up activities help in the prevention of delays in revenue recognition by tracking the progress of claims, and increasing the speed of payments to provide a stable cash flow.
Identifying errors at an early stage through follow up services offered by AR improves clean claim rates and healthcare accounts receivable management companies.
Structured AR Follow-up helps to provide real-time knowledge of unpaid claims, trends, and payer behaviors to aid effective financial decisions.
Disciplined accounts receivable management solutions increase revenue cycle efficiency by minimizing write-offs and increasing collectible revenues.
Our healthcare AR follow up services address rules, coding complexities, as well as denial trends that are specialty-specific, hence improving recovery rates and reducing aging balances.
High volume claims management, resolution of preventive service denials, timely insurance follow-ups, workflow management, and optimization of reimbursement for routine patient care.
Process surgical claims, address denied authorizations, manage intricate payer documentation, and obtain approvals efficiently to ensure the right reimbursement of orthopedic procedures.
Supporting accounts receivables follow up, managing diagnostic and procedural claims, tracking bundled services, addressing denials, and maximizing reimbursement for cardiac care.
Resolve authorization issues, manage session limits, ensure compliance with payers, track claims, and optimize reimbursement for mental health services or therapy sessions.
Resolve frequent payer edits : manage short-cycle claim denials; and ensure correct insurance follow-up, along with billing and efficient urgent care reimbursement workflows.
Manage procedure-based claims, address modifier-based denials, accommodate payer policy updates, monitor reimbursements, and optimize the revenue cycle for gastrointestinal procedures.
Provide accounts receivable follow-up support for all specialties, implement flexible workflows, resolve outstanding claims, ensure timely reimbursement, and maintain consistent practice revenue.
We use disciplined workflows, payer-specific strategies, and continuous monitoring to accelerate claim resolution, reduce denials, and improve healthcare accounts receivable follow up results. Our structured approach ensures every claim is tracked, reviewed, and acted upon with accuracy and urgency to prevent revenue leakage and unnecessary delays.
We bring payer strategies, aging analysis, and workflows together to enable better accounts receivable management. We have a set of accounts receivable follow up procedures that are implemented by our teams to provide insurance communication, documentation, and tracking of the process, ensuring transparency, compliance, accountability, and consistent financial performance improvement.
Affordable healthcare accounts receivable management services designed for long-term revenue stability.
Our skilled specialists understand complex payer requirements, maximize the billing process, and identify denial patterns for efficient and proper payment for any specialty in the healthcare industry.
Flexible accounts receivable management options help meet the increasing practice needs, reduce the number of outstanding accounts receivable, and ensure smooth revenue cycle processes.
It should offer clear insights into the status of accounts receivable, enable the monitoring of recoveries, as well as the performance of the payers, to ensure better-informed decisions of practices revenue.
Measurable outcomes that support smarter outsourcing accounts receivable management decisions.
Timely accounts receivable follow-up helps to receive insurance reimbursements faster. In this way, financial stability can be achieved efficiently.
Timely identification of errors helps avoid avoidable claims rejection situations, which maximizes the percentage of insurance recoveries.
A streamlined AR workflow can also minimize internal billing workloads, saving time while improving both its accuracy and productivity.
Constant insurance provider communication also encourages the maintenance of claim processing and increased accountability for claims.
Adaptable accounts receivable services increase practice needs, offering efficient revenue management for small to large-scale organizations.
Accounts receivable management (ARM) refers to the procedure of monitoring, gathering and managing money owed by the patients or customers. It guarantees prompt payments, less overdue accounts, less denials, and the enhancement of cash flow and assists the overall healthcare revenue cycle efficiency.
Accounts receivable management entails the tracking of outstanding bills, the establishment of payment terms, the follow-up of insurance payers or patients, dispute or denial resolution, and proper records. Regular work processes and automated solutions enhance collections, minimize delays, and enhance financial stability.
The 5 C’s include credit, communication, collection, compliance and consistency. They steer good AR management by evaluating the creditworthiness, clear communication, systematic collections, regulatory compliance and consistent processes to enhance a good recovery of payments.
These five steps include the clear payment terms, invoice promptly, follow the outstanding balances, follow up regularly and dispute resolution or denials. These steps will guarantee quicker collections, reduce overdues, and enhance a better cash flow and financial situation.
AR errors that are common include late invoicing, lack of regular follow-ups, ignoring of the aging reports, poor handling of the denied claims, communication with the payers, and absence of automation. These mistakes delay collections, and write offs, as well as performance of the revenue cycle.
Delayed or unpaid invoices are the largest issue of the problem since the follow-ups are not done in an efficient manner, the claim is denied, or the idea of poor communication with the payers. This brings about cash flow gaps, more revenue loss and overall hinders the financial stability of healthcare organizations.
Improve collections, reduce outstanding invoices, and accelerate cash flow with expert-led AR follow-up services.
