CureMed Solutions

AR Follow Up

AR Follow Up

Days in AR is the average number of days it takes to collect the payments due to your practice. It may vary amongst insurers. Medicare usually takes about 14 days to pay after receiving a claim while some HMOs may even take up to 45 days to pay after claim receipt as this much time is allowed by law in some states.

Days in AR” is the first measure of the overall performance of your accounts receivable efforts. The following figures are looked as benchmarks for medical billing and collections:

  • 30 days or less for a High performing Medical Billing Department.
  • 40-50 days for an Average performing Medical Billing Department.
  • 60 days or more for a Below Average Medical Billing Department.
AR Follow Up

AR follow up ensures that healthcare organizations have a way to recover overdue payments and includes looking after denied claims, exploring partial payments and reopening claims to receive maximum reimbursement from the insurance companies.

At CureMed Solutions,

How outsourcing these services to us benefits you?
  • Provides Financial stability by exploring partial payments and reopen unprocessed or denied claims.
  • Recover overdue payments by services to track old ARs also and streamline your AR process.
  • Quick and efficient services at highly cost-effective rates and cuts down the cost of infrastructure and manpower needed at your end.
  • We are 100% HIPAA complaint and have robust intrusion prevention service with fully managed firewall solutions and encrypted virtual private network.
  • Immediate resolution of denied claims and refiling recoverable claims.