Accounts Receivable Services (ARS) to Increase Your Cash Flow
MedData’s Accounts Receivable Services (ARS) span the gap between the identification of a payer and payment, while also reducing cost to collect, mitigating denials, and avoiding bad debt.
MedData ARS can take over portions of a hospital’s A/R – or the entire inventory – and work ALL types of accounts through to resolution in order to clear out the backlog, prevent avoidable denials, improve collections, and increase cash flow.
Our well-coordinated team of experienced accounts receivable representatives functions as an extension of internal hospital staff to proactively re-bill payers, appeal denials, correspond with payers, make direct contacts as necessary, conduct field visits, and follow up on all claims. We report on our activities and discoveries along the way to help hospitals and healthcare organizations identify the root causes of their aging A/R, improve their own performance, and reduce the need for future clean up.
Key Differentiators in MedData's Accounts Receivable Services
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Complete Solutions for Specific A/R Follow Up Needs
We are a trusted healthcare accounts receivable partner providing end-to-end revenue cycle management solutions for hospitals and physicians across all payer types. Because of our range of capabilities, we are able to handle any circumstances – small balance insurance follow-up, project-specific/work down of aged A/R, legacy receivable conversions, and more. We can work:
- All ranges of accounts and amounts at an agreed-upon frequency.
- Aged and aging A/R while internal resources focus on new inventory.
- Legacy A/R during a transition to a new EHR/HIS system.
- Entire A/R inventory as an extended business office.
An Integrated Service Line Approach for Healthcare Organizations
Our ARS is an integral part of MedData OneTouch® – an integrated service line approach that specifically improves upon operational centers and unites them into a single solution. This platform identifies all payer sources and the most appropriate coverage in the properly compliant order through a single touch-point for patients, whether they’re insured, under-insured, or uninsured.
What Our Clients Say
“I have been in the industry over 30 years and MedData has the most efficient and comprehensive Medicaid Eligibility program I have ever dealt with.”
You do what you do very well. What makes you stand out is that you are more of a partner with us to help us be successful in our business.
The MedData staff is responsive to our patients needs and obviously to our needs as an organization, not only with our service & process. They are always right on top of issues. Very quick to respond and nip it.
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