Efficient Management of Accounts Receivable to Ensure Timely Collections and Improved Cash Flow
Managing Accounts Receivable (A/R) effectively is key to the financial sustainability of any healthcare organization. At Medvantage RCM, we focus on reducing your aging A/R, improving collection ratios, and ensuring faster cash flow — all without disrupting patient relationships or internal operations.
- Reduced days in A/R
- Increased collection rates
- Lower write-offs and bad debt
- Clear reporting on A/R aging and collection efficiency
Aged A/R Analysis
We segment receivables by payer, date, and value to prioritize follow-up activities strategically — addressing high-dollar claims first and systematically reducing outstanding balances.
Insurance Follow-Up & Recovery
We don’t wait for claims to sit idle. Our A/R specialists engage payers promptly to resolve issues, push approvals, and challenge underpayments.
Denial Investigation
We identify trends and patterns in denied claims, working collaboratively with coding and billing teams to correct and prevent future occurrences.
Patient Collection Support
We offer courteous, compliant outreach to patients with outstanding balances — providing options for payment plans and answering billing questions.
Appointment
Schedule a consultation with our experts to discuss how we can streamline your revenue cycle and improve your practice's financial performance.