Account Receivable Services

Receive Regular Updates on AR Follow-Ups.

Let the Cash Flow in!

Our A/R Follow-Up services are designed to help your practice maximize revenue. We initiate the follow-up process as soon as claims are generated and submitted to the appropriate insurance company.

Reduce Denied Claims and Accelerate Timely Reimbursements.

Denial rates can vary significantly depending on the physician specialty. A 15 percent denial rate can heavily impact practice profitability, making it essential to assess denial rates by specialty and promptly address them. At Armored MBS, our claims management team investigates the root causes of denials to prevent future occurrences and resubmits denied claims for processing, analysis, correction, and updates. Our goal is to optimize your revenue cycle while minimizing denial rates, ultimately improving practice profitability.

Our Unique Denial Management Steps

Identifying Denial Reasons

Categorizing Denials

Appending Modifiers

Monitoring Future Claims

LACK OF FOLLOW-UP CAN BE A HUGE LOSS!

Unfortunately, most medical practices fail to collect the full amount for their billed services. Only 70% of claims are paid on the first submission, while 30% are denied, lost, or ignored. Of those unpaid claims, 60% are never resubmitted. Even when payments are received, they often do not match the agreed-upon contract terms and may not fully cover the services provided.

Receive Regular Updates on AR Follow-Ups.