Accounts Receivable (AR)
AIMA’s Accounts Receivable (AR) team get you paid faster. We take away any payment uncertainty or worry, allowing you to grow your healthcare business and care for your patients.
An intelligent, well-implemented AR strategy is vital to successful revenue cycle management. Your dedicated AIMA team harness years of experience with proven best-practice methods to collect the payments owed to you. We reduce Accounts Receivable backlogs by identifying the problems and implementing long-term solutions.
- Categorize and prioritizes claims
- Identify and prioritize claims to be followed-up
- Allocate billing team claims
- Track live work
- Instantly understand current AR status and KPIs
We provide expert Accounts Receivable services for your healthcare business that you can trust.
The AIMA approach is to conduct a thorough audit of your current Accounts Receivable processes. We look at your individual business model to identify areas of improvement and potential challenges. Our skilled AR team process denied claims in daily bunches. This pre-emptive approach in handling denials will significantly improve your “days in” AR. We make sure to classify the no-response claims to aging buckets alongside filters such as high-dollar value, payers, etc. Unpaid claims are first sorted and ordered by financial class and days. We then proactively call the appropriate insurance companies or self-pay patients to resolve any non-payment issues. AIMA has a proven track record of AR estimation audits. We collect maximum revenue from Accounts Receivable previously listed as non-collectable by the regular billers.
At AIMA, we use a proprietary AR inventory management tool to facilitate the complex task of work allocation.
Our system utilizes an algorithm to identify potential areas of uncollected revenue and allocates accounts to both automation and human agents. For instance, we look at payer geography to understand the best time zone time to reach them.