01 Stage
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Initial Evaluation
We identify and analyze the claims that are listed in the A/R aging report. Then, our experts review the aging policy of the payer and identify the claims that need to be adjusted.
AR Run Down
Accounts receivable follow-up is important in the process of medical billing as it is a little tricky to get the claims paid. It is now important for professionals to acquire special skills with patience to follow up with the payers rigorously.
AR Run Down Process
There are several processes involved in A/R follow-ups which include charge entry, verification, and payment posting. If any of these processes have even a minor problem, the payer will simply reject the claims and the practitioner has to resubmit the claims.
Medleeds eases this process for A/R run down by splitting up the entire process into three different stages. Setting up the three different stages helps our professionals with identifying any errors or missing information at any of these stages and fix them at the beginning.
02 Stage
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Analysis and Prioritizing
Once the claims are identified, we mark the claims as uncollectible. These are the claims that have not been paid as per the contracted rate with the insurance providers. This phase is initiated once the claims are identified which are marked as uncollectible or for claims where the carrier has not paid according to its contracted rate with the healthcare provider.
03 Stage
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Collection
After identifying the claims that are well within the filing limit, our team re-files the claims post verifying the documents. Then, we generate patient bills after completing the posting of payment details for the outstanding claims.