Here’s how we excel in this area:

Billing and Claims Management:

We handle the entire billing process, from generating claims to submitting them to payers. Our team ensures accurate coding and documentation to minimize claim denials and maximize reimbursements.

Follow-Up and Denial Management:

We have a dedicated team for follow-up on outstanding claims and managing denials effectively. Our proactive approach helps in resolving issues promptly and improving cash flow.

Payment Posting and Reconciliation:

We streamline payment posting procedures and reconcile payments with outstanding accounts. This meticulous process ensures accuracy and transparency in financial records.

Patient Billing and Collections:

Our services extend to patient billing, invoicing, and collections. We employ patient-friendly strategies to facilitate timely payments and reduce delinquencies.

Reporting and Analytics:

Onlineovation provides detailed reports and analytics on accounts receivable performance. These insights help healthcare facilities track key metrics, identify trends, and make informed decisions to enhance revenue generation.

Compliance and Regulatory Support:

We stay updated with industry regulations and compliance standards to ensure that our clients’ accounts receivable processes adhere to legal requirements. This minimizes risks and enhances financial stability.