Our aim is to improve your cash flow by reducing days in Accounts Receivable, improving profitability, and by increasing collections ratio. Our Accounts Receivable protocols and procedures have been designed to assure that each and every account is followed-up on in a timely and professional manner. No more untimely filings, questionable adjustments or unnecessary waiting. Our Specialists are extremely familiar with the current State and Federal Insurance regulations as well as individual carrier requirements.
Our Medical Billing Specialists are trained to identify patient accounts that require follow-up and take the necessary action to collect unpaid and partially paid claims. It is essential to follow-up and document unpaid claims prior to the 60 or 90 days timely filing limits assigned by many managed care contracts. We run reports on accounts 30 to 60 days past due and call insurance companies to check claim status, re-file, or gather additional information.
At APM, it is all about prompt reimbursement. Our skilled coding and billing, effective insurance processing and follow-up, timely collection, attentive patient and client service, and sophisticated data management contribute to shortened revenue cycles and improved revenues.
Additional payment is often received on appeals for:
Down coding.
Nonpayment of E & M (evaluation and management) codes.
Assistant surgeons.
Secondary procedures considered incidental to the primary procedure.
Incorrect allowances as compared to the published fee schedule.
Results
Your organization can experience:
Improved cash flow and increased revenue
Accelerated financial settlement cycles
Higher collection ratio
Greater customer satisfaction and more effective conflict resolution through
timely follow-up
