
Accounts Receivable Recovery Services... A complete service somewhere in between a Billing Agency and a Credit & Collection Bureau.
As Healthcare Organizations and medical group practices search for means to better serve their patients, the challenge to reduce uncollectable accounts and write-offs is increasing. AHS provides solutions that achieve high dollar recovery, resulting in less bad debt write-offs, as well as inappropriate contractual write-offs. According to a recent AMA study, over 66% of all Healthcare Insurance claims are paid incorrectly. The balances consequently are written-off as appropriate contractual adjustments thereby resulting in incorrect and inadequate income reporting.
As a Comprehensive Recovery Service, Advanced Healthcare Solutions, Inc. provides:
- Reimbursement audits
- Bad Debt Recovery
- Aged Accounts Receivable Automatic Assignment
- HMO/PPO Contract Disputes
- Bankruptcy Verifications
- Retro-Authorizations
- Re-Billing/Claims Re-Processing
- Patient Balance Billing
- Patient Payment Plans
- 1st through 3rd Level Appeals Process
- Small Claims Cases
- Complete Patient Account Audits
- Internal Billing System Audits
- Comprehensive Management Reporting
- Consulting and Training Services
A/R Recovery Fees are usually based on a percentage of collections and are individually quoted based on the Medical specialty, the size of the Healthcare Organization, and services provided. Recovery fees can range from 25% to 40%, depending on the complexity and services provided. All fees are competitively scheduled to meet the standards of the marketplace.
Copyright © 2000 Advanced Healthcare Solutions, Inc.
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