Accounts Receivable (A/R) Management and Denial Management are vital processes in revenue cycle management that ensure unpaid and denied claims from physicians, group practices, ambulatory surgery centers, and hospitals are addressed in a timely and efficient manner.
AR and Denied Claims significantly impact the overall payout, thus it becomes imperative to have a strategic and analytical approach to accounts receivable management.
HOM has a team of skillful and experienced professionals to maximize revenue and minimize denied claims. We have a robust and tested system in place to deal with challenges like backlogs, low revenue, high denials, and multiple submissions.
Our technology enables seamless operations and improves procedural efficiency reducing processing time by up to 50% and resulting in higher satisfaction.
A robust system to collect, track and maintain data through the latest technology and infrastructure.
All verification and legitimization processes comply with NCQA, URAC, and JCAHO standards.
Highest productivity and quality standards with competitive pricing.
Secure storage of all documents on the client’s server, less chance of a breach.
More acquainted with payor requirements for the credentialing.
Improved first-pass ratio of claims.
Enhanced processes and reduced turnaround time.
Decreased AR aging, increased collection of receivables, and reduced lost revenue.
Efficiency across billing and collection process.