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AR
Management
skills
&
strengths
in
our
team.
4
dis3nct
ac3vi3es
as
iden3fied
below
were
focused
on
for
op3mal
AR
clean
up.
• Eligibility (Benefits, COB verification)
• Insurance follow-up ( Claims status (Online, IVR, Calling, e-mails &
negotiations)
• Action on claims (Re-billing, appeals, EDI issues, contract verifications,
credentialing)
• Patient AR (Follow-ups for pending balance, patient statements,
eligibility & coverage issues)
NextServices uses its AR Management skills & strengths in our customized team. We believe the cause of inflated AR, is due to incomplete and/or inaccurate claims data and demographics being imported from varied sources. For this reason, we have a distinct focus for pathology labs in these areas for optimal AR clean up:
• Eligibility (Benefits, COB verification) • Insurance follow-up ( Claims status (Online, IVR, Calling, e-mails &negotiations) • Action on claims (Re-billing, appeals, EDI issues, contract verifications,credentialing) • Patient AR (Follow-ups for pending balance, patient statements,eligibility & coverage issues)
In the following example, this pathology lab was able to recover $1 million over just a four month span using NextServices custom recovery process. The Lab is an independent anatomical pathology laboratory offering subspecialty pathology services to the healthcare community nationwide. Prior to signing up with NextServices this lab had AR close to $10 Million in the $120+ bucket.
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