Medical AR Management Services

21+

Years of Experience

98%

Claim Submission Accuracy

25%

Decrease in Outstanding AR

Overcome Cash Flow Lags with Our Medical AR Management Services

Struggling with collecting payments due from insurance companies and patients? Outsource Strategies International (OSI) provides efficient medical AR management solutions to ensure optimal revenue capture. We track your revenue cycle process, follow up on unpaid or underpaid claims, manage denials and collect patient balances, and identify areas for improvement.

Accounts receivable (A/R) is the average time taken for a claim to be paid based on average daily charge volume. We aim to reduce your days in accounts receivable (A/R), targeting the industry benchmark of a 40-day A/R cycle to ensure smooth cash flow and operations.

Don’t Let Aging Accounts Receivables Hold You Back!

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What Makes Us the Ideal RCM Outsourcing Partner?

Expertise

Our expertise, technology, and resources help you overcome RCM hurdles, collect overdue payments, and maximize reimbursement.

An Extension of Your Practice

We function as an extension of your practice, freeing up your staff to focus on patient care and practice management.

Pricing Transparency

We ensure transparent pricing, no hidden fees – just clear, upfront costs.

What Makes Us the Ideal RCM Outsourcing Partner

Unique Benefits of Partnering with Us

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Customized solutions for every medical specialty

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No long-term yearly contracts

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We can work in your system

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Stringent QA

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Readily available reports

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30 to 40% cost savings

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HIPAA compliant

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We serve all 50 states

Our Medical AR Management Process

Our approach to AR management in medical billing includes a blend of several strategies:

1

Streamlining the
Billing Process

2

Collecting
Patient Balances

3

Payer
Collaboration

4

Monitoring
Revenue Cycle KPIs

5

Denial
Management

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Streamlining the Billing Process

Our end-to-end RCM solutions optimize claim submission, eligibility verification, coding, and documentation. We evaluate claims, follow up on unpaid or denied claims, and resolve denial issues to ensure timely payments.

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Collecting Patient Balances

Patient education on financial responsibilities and convenient payment options can increase collections. Our team can ensure clear patient bills and promptly address their queries to minimize payment delays.

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Payer Collaboration

Our team maintains strong relationships with insurance payers to understand their specific requirements. We can proactively resolve any issues or denials with payers to expedite claim resolution.

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Monitoring of Revenue Cycle KPIs

We regularly monitor A/R metrics, such as days in A/R, denial rates, and collection effectiveness. This allows us to identify areas for improvement, make informed decisions, and optimize processes.

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Denial Management

We have a systematic process to identify, track, and resolve claim denials. Our team analyzes denial reasons, resubmits claims, and follows up until payments are received. This lowers revenue leakage and maximizes reimbursement.

Learn how our AR management services can boost your financial health!

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Reduce Days in AR with Our Comprehensive AR Management Solutions

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Reduce bad debt

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Increase clean claims

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Boost operational sustainability

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Reduce costs

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Stabilize cash flow

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Improve patient engagement & satisfaction

Affordable and Flexible Pricing Options

Our cost-effective pricing packages are designed to enhance your medical AR management workflow.

Full-Time Equivalent

In this model, services are billed based on the equivalent cost of a full-time employee (FTE) for a specified duration, usually monthly or annually.

Fixed Cost Pricing

Like an FTE model, a person is dedicated to your practice. Perfect for a practice that is busy. They work as an extension to your business.

Per Transaction Pricing

This option is ideal for a practice that is unsure about their work requirements. This can have per request pricing for eligibility and other functions.

Healthcare and Dental Revenue Cycle Management Process

Learn more about how our comprehensive medical AR management solutions can transform your revenue cycle.

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FAQs

How can your medical AR management services improve my medical practice?

Our medical AR management solutions optimize your workflow, reduce payment lags and claim denials, and improve collections and cash flow for your practice.

How will your integration process with my medical practice work?

Our team of AR experts works closely with your practice to assess your specific needs and workflows. We then develop a tailored AR management solution that integrates seamlessly with your existing medical systems and processes. This ensures minimal disruption to your operations while unlocking the full benefits of our expertise.

What is the pricing structure for your AR management services?

We offer flexible pricing models that can be customized to your needs. Our goal is to provide a cost-effective solution that delivers a strong return on investment through improved efficiency and patient outcomes.