Account receivables
AR Follow up
The fundamental purpose of handling accounts receivable in healthcare is to maximize cash flow into the medical or behavioral practice by reducing collection time and associated costs. Healthcare providers must remain vigilant in their efforts to collect reimbursement for AR. The longer an AR is unpaid, the less probable that healthcare providers will receive payment at all.
Services We Offer
The account receivable process immediately influences your healthcare organization’s revenue stream & increases your financial performance when you properly follow all the claims. We have decades of expertise serving the healthcare business with a variety of clinical data management services. We have the essential abilities and ability to easily handle your AR follow-up needs. Our extensive range of services include the following:
Medical Accounts Receivable Follow-up
Our team follows up on all pending claims, investigates claim rejections, locates receivable balances, tracks payments that are due, and re-files claims following denials. All of these initiatives will assist you in growing cash flow and optimizing your revenue system.
Accounts Receivable Recovery Services
Our staff investigates the medical billing process, analyzes reasons for nonpayment of dues, and resolves them in order to clear your dues.
Financial Reporting
Our experts can assist you with many forms of financial reports. With these reports, we conduct monthly studies of the issues that lead to claims denial. Furthermore, the reports distinguish between receivable and uncollectible amounts and charge them appropriately.
Insurance Follow-up
Lack of follow-up with insurance providers might result in massive losses. The insurance follow-up services at CFT are designed to ensure that claims are thoroughly followed and that our clients receive payouts on schedule. Our team has the necessary expertise to do rigorous follow-up on all accounts by phone, email, and internet.
Clear Old AR backlogs
Frequently, a lack of follow-ups causes healthcare institutions to have a huge number of unsolved AR. This is primarily due to insufficient skills, a lack of labor, and poor management, which results in a massive backlog. At CFT Healthcare, our team of AR follow-up specialists can help you clear backlogs quickly.
Why Choose CFT?
CFT Healthcare remains a leading accounts receivable follow-up service provider for years, and it has earned the trust of the world’s most important healthcare clients. Some of the primary benefits of outsourcing accounts receivable to CFT Healthcare are –
Affordable AR Follow-up services
At CFT Healthcare, we provide healthcare clients affordable price choices for AR follow-up management services based on hours, per unit work done, % collection, and so on.
HIPAA compliant services
We sign a HIPAA agreement with each of our clients before beginning work on their project. This assures that all your personal patient-related data is safe, and the best security procedures are in place and implemented.
Quick turnaround time
Outsourcing accounts receivable processes to us allows your healthcare staff to avoid thorough AR follow-ups. We can provide high-quality AR follow-up services in a timely manner because to the expertise of our team. This will allow you more time to focus on core abilities and deliver better care for patients.
24/7 support
Our teams are accessible to address your questions or concerns 24 hours a day, seven days a week by email or phone.
Latest tools & technology
At CFT Healthcare, everyone on our staff have access to the tools and technologies, allowing us to provide you with the highest quality services possible.
Experienced team of A/R specialists
We have the most experienced and skilled staff of A/R specialists on board, capable of handling all your business demands.
Unmatched accuracy levels
CFT Healthcare assures that our team's final output will be accurate and free of mistakes. Furthermore, we have a dedicated QA staff to oversee projects and verify that industry standards are maintained.
Information Security
With CFT, you can be confident that all data and information you share with our staff will be secure and confidential.
Scalable solutions
CFT Healthcare possesses the necessary skills and ability, both in terms of proficiency and infrastructure, to expand the team size and services to meet the needs of its clients.
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