Find out the exact reason for dropping cash influx and increasing rejections with Flatworld Solutions' 360-degree AR analysis solution!
Is it difficult for you to get reimbursement from an insurance company? Or, is your internal AR analysis team unable to track payments and analyze medical records? If so, you must outsource accounts receivable analysis services to Flatworld Solutions. We have over 16 years of experience in dealing with charge slips, pending claims, denials, rejections, appeals, etc. Therefore, if your medical organization has a low cash influx, we can help you sort that out with our AR analysis services.
As a leading accounts receivable analysis service providing company, FWS' healthcare support team can review claims, check unpaid amounts, analyze denials & rejections, follow-up with the payor, generate AR reports, etc. Our medical billing accounts receivables service can help you assess your organization's financial performance and help you focus on your core tasks.
Accounts Receivable Analysis Services We Offer
We can assist you in eliminating outstanding claims, generate AR reports, track payments, etc. Our AR analysis services emphasize on finding out the reasons for lower payments and refusing claims. Our accounts receivable analysis services include -
Unchecked AR days can weaken the economic health of successful medical practices and cause them to suffer financially. As a prominent accounts receivable analysis services provider, FWS can help you sort your organization's AR days by focusing on denials, appeals, patients plan, and reimbursement patterns. Thus, you can optimize the healthcare costs and your internal operational processes.
Based on the claim statistics, we can analyze the reasons for its rejection, initiate debt collection, follow-up with payors or patients, and more.
AR Calling & Follow-up
Our proficiency in medical billing and RCM helps us manage medical bills and charge slips. Moreover, we can track each denial and rejection and follow up with the insurance companies until the claim is duly sorted out. For this to happen, we have an extensive portfolio of over 300 healthcare support who are more than capable to explore all possible loopholes that led to rejection. Thereby the team follows up with the payor to make sure that the payment is done on time.
AR Reports Generation
AR is a risk-laden asset, and the healthcare provider has to accept the loss if the AR days are not maintained and the money is not coming as intended. However, if you do a thorough AR Analysis, you can find out the reasons and rectify it. Thus, you need an expert AR analysis services that can generate a proper, real-time report of your account receivables.
At FWS, we have worked with over 10000 global hospital, specialist clinics, doctors, etc. We have capable AR analysis teams who can create monthly/biweekly/quarterly AR and reimbursement reports. This will help you get real-time analysis of current medical billing process and find out the best possible way to churn out maximum reimbursement from the payors.
There can be multiple reasons for a claim rejection or denials. A medical claim can be rejected or denied for multiple reasons. A rejected claim can happen because of dates mismatch, partly filled form, incorrect forms, etc. In the same way, denial is due to an inaccurate patient identifier, missing subscriber info, duplicate claim, etc.
If you choose to collaborate with us for accounts receivable analysis and follow-ups services, we can conduct claim analysis for each claim. Our AR analysis team will check each claim, maintain a claim record, and conduct a monthly review prior to submission.
Accounts Receivable Analysis Tools We Use
For providing top-notch accounts receivable analysis, we make use of several advanced AR analysis software and tools that help us track claims, follow-up with payors, create AR reports, process claims, and more.
Benefits of Choosing FWS for Accounts Receivable Analysis Services
Flatworld Solutions is a prominent accounts receivable analysis services provider with over 16 years of service history in the Healthcare support & BPO industry. With our capable AR analysis team, consultants, etc. we provide 360-degree healthcare support solutions. Outsourcing accounts receivable analysis to FWS will allow you to avail the following list of benefits -
With our flexible accounts receivable analysis solutions, you are free to choose the scale and duration of the AR analysis services. The model will be based on factors, including, the volume of claims, personnel involved, duration, scale, etc., which will give you the cost advantage over other vendors.
We have VPNs on each system and use only FTP to transfer any data over a secure server. Our workplace complies with international, federal and governmental compliance best practices. Thus, by outsourcing accounts receivable analysis, you can rest assured that your healthcare data will always be safe.
As a certified holder of ISO/IEC 27001:2013 ISMS accreditation, we are a foremost provider of accounts receivable analysis services in India. Our office, systems, and people are bound by a fail-safe framework of ISMS security principles and guidelines.
As an expert accounts receivable analysis service provider, FWS ensures that your protected health information is handled in accordance with the HIPAA guidelines. We have taken stringent measures to make sure that each process and operation adheres to the federal guidelines as mandated by the HIPPA.
We have set up delivery centers across all the time zones and as of now operate in five different global locations. Thus, by choosing us for accounts receivable analysis services, you will get a prompt response with better accuracy for all healthcare BPO services.
Our workplaces are modern with the best possible amalgamation of infrastructure facilities, secure systems, and healthy work environment. A few infrastructures set up that distinguishes us are 200% backup power, a powerful firewall, secure VPNs, leased lines, IT redundancy, modern communication tools, and so on.
Since the time we have been in the AR analysis domain, we have evolved a lot in terms of providing better, secure, and accurate services. We have left behind all our competitors by delivering accounts receivable analysis services with over 99% accuracy.
Ease of Scalability
If you have a chain of hospitals or specialist clinics and want to outsource accounts receivable analysis services for all, then, you are free to do so. We have a vast number of capable support executives and offices around the world. Thus, with us, you do not have to worry about the scalability. Just let us know your exact requirement and we will spike our service.
Expert AR Analysis Team
We have more than 300 healthcare support experts who work across all healthcare related BPO services, including AR analysis, medical billing, RCM, etc. We also have a project management team who takes care of the client's requirement on a regular basis.
Customer Success Stories
FWS Provided Account Receivables Management Services to a Prominent Urgent Care Practice
Learn how Flatworld Solutions helped Maryland's emergency caregivers reduce their average AR days from 34 to 23 and increased the collective rate from 53% to 61% in six months.
Flatworld Solutions is a global leader in accounts receivable analysis services along with domain expertise in various healthcare BPO services, including medical billing and coding, medical transcription, etc. Our AR analysis team can easily determine the reasons for rejection, denials, and can appeal and do the follow-up with the payor. We can create a real-time AR analysis report to help you counter all the ill practices that might lead to financial loss. We have collaborated with over 10,000 healthcare organizations across the globe and helped them with our healthcare support services.
If you are looking for a reasonably priced, reliable and secure accounts receivable analysis service, please contact us. We will be glad to assist you.