By shortening the "days in the healthcare accounts receivable" cycle, Outsource2india can help improve your cash flow and reduce claims denials, thus turning healthcare accounts receivables into cash. As a leading healthcare accounts receivable service provider, Outsource2india can help with AR calling, following up pending claims, initiating collections, tracing the reasons for claims denials, tracking outstanding receivable balances by the customer and by the date when payment is due, providing periodic reports, and more.
We are a premier healthcare accounts receivable company and our AAPC-certified medical coders know the ins and outs of both diagnostic coding and procedural coding. They are experienced at handling CPT and HCPCS coding. We code for surgery, lab, and other tests based on the guidelines of AMA and CMS. We also do ICD coding related to the CPT and HCPCS codes based on AMA and CMS guidelines. Read more about our medical coding services.
Outsource2india is a leading provider of medical accounts receivable services & solutions and can help you avoid payment delays from Medicare as well as from other third-party insurance payers by offering these services -
We spend time on reviews at the front end, rather than spend a long time later dealing with each denial. This cuts down significantly on the error rate.
As part of our healthcare accounts receivable management, we track the trends for each healthcare BPO provider, based on the remittance advice from Medicare as well as the EOBs (Explanations of Benefits) from all third-party payers. We monitor and evaluate these trends to find ways to fix the problems causing the denials and rejections for your practice.
When you choose outsourcing healthcare accounts receivable services, all the staff involved in the healthcare accounts receivable function, i.e., those who perform tasks such as data entry, coding and documentation, billing and payment posting, and analyzing denials and down coding, get together once a month to review -
We provide a comprehensive range of healthcare accounts receivable oursourcing services for healthcare, which include -
We will use Medicare as an example but this could apply to Medicaid or other third-party insurance companies as well. Medicare claims get denied mainly for the following reasons.
As you can see, some of the main reasons for claims denials are incorrect/incomplete data entry and incorrect medical coding.
Outstanding claims and delayed collections place added administrative strain on a hospital or physician's practice. On one hand, insurance companies often deny claims or refuse to pay them. On the other hand, federal regulations have become increasingly more stringent in the USA. Recently the federal Centers for Medicare & Medicaid Services announced that they would reduce the time physicians are given to file an appeal against a claim denial - from six months to 120 days. This increases the pressure on the staff at your healthcare practice to follow up on denied or appealed claims.
There are a host of benefits to outsourcing your healthcare accounts receivable services to us. These include -
Our healthcare accounts receivable solutions are extremely cost-effective. We provide hourly pricing and FTE (full-time equivalent) pricing as well as bulk discounts.
We are ISO-certified and make use of all the latest best practices to always provide extremely relevant and up-to-date healthcare accounts receivable solutions.
We have the required infrastructure and skilled resources to enable us to provide exceptional quality healthcare accounts receivable services in India.
Our team uses the latest and best healthcare accounts receivable management tools and software to provide cutting-edge services.
We make use of a streamlined and time-tested process for the delivery of all our healthcare accounts receivable outsourcing services.
Our healthcare accounts receivable team has 22 years of experience in providing a wide range of healthcare accounts receivable solutions.
We take data security very seriously here at Outsource2india. We are also fully compliant with the General Data Protection Regulation (GDPR) and other applicable regulations.
As a top healthcare accounts receivable company, our experts will always provide their services within as quick a time as possible since we understand how critical time can be for you.
Outsource2india provided reliable and accurate rehabilitation transcription services to its client and helped also helped it sync its data to a new EMR system.Read more
A leading medical imaging service provider required quick teleradiology services. We provided high-quality and accurate services, thereby reducing the turnaround time and helping the client save on costs.Read more
I want to thank you both for the great job you are doing. I could not be happier with my decision to work with you. I am looking forward to our continued relationship and growth.Owner, Medical Billing Services Company, California, USA More Testimonials »
Outsource2india is a leading provider of healthcare accounts receivable services in India and abroad and has the experience, people, technology, and in-depth domain knowledge to address your specific needs in healthcare accounts receivable services. If you want to ensure that you get paid promptly and in full for each healthcare claim and increase your revenue significantly, outsource healthcare accounts receivable services to Outsource2india. We also provide other similar services such as Orthopedic Medical Billing Services, Emergency Medicine Billing Services, Revenue Improvement Services, medical claims processing, payment posting, Occupational Health Billing Services, Plastic Surgery Billing Services, Insurance Claims Processing, radiology medical billing services, and more.
If you would like to find out more about our healthcare accounts receivable services, please fill in the inquiry form and our client engagement team will contact you within 24 hours.