7 Virtual Assistant Services provides Account Receivable (AR) services for medical professionals, healthcare companies and physicians to dramatically boost the timing as well as amount of collections.
Our team of highly certified accounts receivable and collections specialist will use customized techniques to a client's AR taking into account age, type of insurance, as well as to increase the collections. With our open innovation AR management system, 7 Virtual Assistant Services seamlessly changes clients' accounts without any dollar effect.
The majority of denials are recoverable and also avoidable-- a regular health center can recoup in between $7 to $15 million by addressing the problem in advance.
Reduce A/R duration and increase payments and also lower write-offs with our accounts receivable recovery as well as denial management services.
Our end-to-end accounts payable receivable services steers all your insurance claims from billed to correctly paid. Allow your healthcare facility team to enhance A/R collections utilizing our extensive system consisting of user friendly, powerful modules, consisting of:
- Underpayment as well as denials management
- Supply monitoring and operations
- Payer scorecard
- Contract monitoring
- Provider’s scorecard and also contract out management
Essentially, outsourcing your Accounts Receivable (A/R) and Denial Management services will net you better revenue - reducing lost compensations by maximizing your efficiency at gathering unsettled insurance claims. It's the best value formula to get you the highest possible ROI - it's a solution that greater than pays for itself.
AR Management: 7 Virtual Assistant Services takes care of all the vital functions associated with AR monitoring including appeals filing, analyzing insurance policy low pays, updating insurance policy contracts, managing unapplied counterpoise, taking care of reimbursements, as well as handling patient's statements and also delinquency letters.
Denial Management: Lessen shed compensations and also denials with highly reliable systems and also solutions designed to fulfill your needs. Optimize your performance at gathering unpaid insurance claims. 7 Virtual Assistant Services skillfully tracks as well as handles prompt act on all unsettled insurance claims, ensuring that no time is shed on seeking every repayment opportunity.
The Right Value Formula: AR and Denial Management is extremely time taken and also most methods (and billing providers) do not dedicate enough sources to properly go after optimal reimbursement. 7 Virtual Assistant Services are extremely functionalized and supported by software application devices that commonly produce a considerable internet gain in compensation for every patient’s practice, deciding to outsource this feature a clearly positive worth equation.
Reporting: 7 Virtual Assistant Services assigns dedicated staff, well trained as well as experienced in denial management, to perform this very vital job. The software application devices made use of by 7 Virtual Assistant Services personnel permit well-handled as well as prompt follow-up on all unpaid cases. These exact same workflow tools enable very comprehensive as well as useful coverage, making work done on rejected insurance claims very noticeable and make accountable all the sources devoted to this task.
24/7 Support Services: A team of accounts receivable and collections specialist at 7 Virtual Assistant Services is constantly available to provide immediate assistance to you as well as your staff regardless of what the problem or problem might be.