Collection of accounts receivable is a crucial, yet daunting task for most of the modern medical practices and health care providers. For hospitals and providers, the filing process of insurance claims, and following up on them proves to be critical. It is more so in light of the present trends of falling reimbursement rate, rising operating costs, and increasing patient deductibles.
To ensure the financial stability of health care facilities and physician practices, managing Accounts Receivables in a dedicated manner is crucial. It must be separately handled by experienced and skilled professionals to achieve the best results. The escalating number of accounts receivable days, claim denials, and unwanted aging can be checked with an effective and dedicated AR management.
Outsourcing healthcare accounts receivable management service to Netmark will enable practices to allow their resources to better focus on mission-critical functions, thus assure the best attention to patients and the most optimal care delivery.Outsourcing healthcare accounts receivable management service to Netmark will enable practices to allow their resources to better focus on mission-critical functions, thus assure the best attention to patients and the most optimal care delivery.
Benefits of Availing Netmark’s Services
- Accuracy is guaranteed
- Strict data security
- Quick Turnaround Time
- Improved collection
Netmark has pride in having achieved HIPAA compliance and providing cost-effective and secure account receivable management processes. By partnering with Netmark, healthcare organizations of all types and healthcare providers specializing in any field will significantly benefit. Netmark endeavor to enable our clients to collect their insurance as well as payment reimbursements efficiently and quickly.