AR Recovery Services
Atlas RCM offers a comprehensive range of AR management services, recovering outstanding revenue from old AR accounts that are aging more than 120 days. Our system has been proven to be highly effective at increasing recovery, even from accounts that were thought to be lost causes. Unlike most medical billing companies, who only offer AR recovery solutions as part of a revenue cycle management package, Atlas RCM offers AR medical billing recovery services as a standalone option. We don't believe in a one-size-fits-all approach to healthcare receivable recovery services and want to meet the unique needs of your business.
Case Study Results
Systematically increasing revenue with effective claims management
Our automated analytics dashboard tracks aging buckets down to the cent, alerting our recovery team the moment a 90+ day balance requires escalation or appeal.
AR Recovery Is One of Our Specialties
A tremendous amount of revenue is lost every year due to unpaid claims not being managed properly. We have a dedicated AR recovery team that is extremely successful at getting reimbursements for what others consider “uncollectible.” It is well known in the collections industry that the longer a bill goes unpaid, the less likely it is to be paid—but rather than giving up on old AR recovery & bills, our account Receivable recovery services team takes that as our cue to take immediate action towards identifying and investigating every unpaid claim. Few medical AR billing services are willing to take on aging AR, or if they do, they want a high fee. Our system streamlines the process, allowing us to be efficient enough to work profitably on old AR Recoveries and low-value claims. These are some of the features of our AR recovery system.
Pay Only For Successful Reimbursement
Even though it is a lot of work for us to sort through all your unpaid claims, there is no risk of losing money on old AR. We charge fees only as a small percentage of the amount recovered. If we are unsuccessful, you don't pay us.
Collection Ratios Over 90%
Our highly experienced AR recovery team consistently recovers over 90% of claims going back as far as one year. That kind of revenue injection directly strengthens your practice cash flow.
Appeal Rejections & Complex Denials
Most claim rejections and denials are the result of minor coding errors or omissions that are easily correctable. Complex medical necessity denials are handled by certified coding experts with high overturn rates.
Atlas RCM's 4-Part Strategy for AR Recovery
Our strategy for managing aging AR accounts has been developed through years of experience. Our old AR recovery service is a streamlined approach that is both fast and effective.
100% Unresolved Claim Audit
We audit every single unpaid claim, leaving zero uncollected revenue behind.
Systematic Evaluation
When our AR team offers account recovery solutions to a new client, the first step is a thorough review of every unresolved claim. There may be some that have expired or are not collectable for some other reason, but we find every one that can possibly be recovered and get to work on it.
We aren't just looking for the “low hanging fruit” in this process. Many HIPAA-compliant billing companies only look for high dollar claims in aging AR, but we know how fast the smaller amounts add up for our clients, so we look at any claim that could still be paid.
Prioritization
Our team analyzes older unpaid claims as a high priority to ensure that none expire before we get a chance to process them. Using advanced analytical tools to minimize medical account receivables, we stay ahead of the payers' requirements to help you collect the maximum revenue possible. We consistently follow up with each payer to recover your overdue payments so you can focus on your practice, knowing that we are looking after your bottom line.
Timely Filing Protection
Prioritizing oldest high-value claims to stop payer deadline expiration.
Dedicated Appeals Taskforce
Correcting missing modifiers and refiling appeals within 48 to 72 hours.
Claim Correction and Resubmission
Our dedicated taskforcedoesn't let a single claim be rejected, denied or underpaid due to lack of follow-up. After the appropriate corrections or clarifications are made, we appeal each of those claims so the insurance or government payer will reconsider the payment. We also monitor your claim denials and rejections, so we can identify any recurring causes and eliminate them permanently from your revenue cycle management system.
Aggressive Payer Escalation & Resolution
We handle complex medical necessity appeals, timely filing disputes, and contractual underpayment reconciliations across commercial and government payers with relentless follow-up until the funds clear your bank account.
100% Payer Accountability
Escalating stalled claims to payer supervisors until full reimbursement is recovered.
Proven Across 50+ Specialties & States
We work as a medical billing service provider that has built a reputation over the years by delivering the best-in-class coding service for varied specialties. Our experts have in-depth knowledge of payer-specific requirements, state-level regulations, and regional-to-commercial payer behaviors. Our extensive medical billing and coding services, tailored to your practice's specialty and state-level payer regulations, ensure your practice receives what it needs.
Frequently Asked Questions
We generally target claims that are up to one year old, as most payers have timely filing and appeal limits of 180 to 365 days. However, this varies by contract and state law.
Thank you for showing your interest in Atlas RCM
We're keen to know more about your practice! Whether you are a hospital, lab, imaging service or an independent medical provider, you need to deal with insurance claims recovery.