Account Receivables Follow-up & collections

Complete claims in software are examined and quality parameters are set. Check the claims close to their filing timing limits, and then work down from the period of the claim. Cyclic follow-ups by email, over phone and online is done to get the status of every claim send to the insurance company.

Veracious perform both online claims and paper claims. Online claims, we have the service to connect to your software by using a protected connection and submitting all such claims electrically. Veracious has excellent Quality Team which will perform Quality checks at best levels. This improve quality by eliminate errors and assure that number for the rejection of claims are at the minimal on count or nil.

AR Management

We understand the importance of persistent follow-ups for faster reimbursements. Our trained personnel constantly keep in touch with insurance companies by phone, e-mail, etc. to ensure that claims are settled quickly. All payments are posted on to the billing software. Any partial payments or denials are analysed in detail. They are then corrected and re-submitted to the insurance company.

A Revenue cycle management

We guide you to provide claims in a timely period. We do not only process claims, we even follow-up with insurance companies to increase the reimbursed amount. Our focus is on assuring that every claim is paid at the fastest. By doing this we can access you to enhance your revenue, reduce your operational expenses and perfectly manage your cash flow.

• Veracious work is paid claim. Complete Billing, Proper follow-up & perfectly Analysis of payments & denial way results in clean claim payment & minimize AR days’ time.
• Understanding of Domain, All of our employee have enough experience of healthcare Medical billing and coding and charge posting, Billing & Account Receivables that access in finding the problem & correct them at first steps.
• Trained and skilled enough to give complete billing solution or categories of such services wherein we can do only billing OR AR follow-up as per Client’s need.
• We help you to minimize error, minimize paper work and give trust and enough confidence when you join with Veracious med health services.
• We work on all the details you need, provide you maximum time to concentrate on your patients and your work.
• Work on very minimal cost. (Refer the Service Rate Section for the same).
• Decrease the average number of days of account receivable to less days.
• Minimize the AR over 90 days to less than 10% of the total AR.
• Enhance the collection from the present to a higher level.

Denial handling:

Check all denials and partial payments is done by our skilled and certified medical billing specialists. Insurance, patients, physician, Hospital and any other participants are called to follow-up on denied, partial paid, pending and any other wrongly processed claims and the action is entered to software. We do call to patients, if allow by the provider, to check information from the patient needed for billing such as ID# and to update the COB (Coordination of benefits) with their insurance companies. Secondary paper claims are processed and sent to the client office for submission.