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Maximize Revenue with Accounts Receivable Recovery Services
< 30
Days in AR
10-15%
Revenue Increase
97%
First Pass Ratio
96%
Collection Ratios
98%
Clean Claims Rate
Our Healthcare AR Recovery Services
Turn your unpaid claims into immediate cash flows! Financial stability is important for all medical specialties. However, it can only be achieved through the prompt submission of clean claims. Unfortunately, claim denials and unpaid services are a significant part of the billing process, leading to many practices' financial struggles.
So, for how much longer are you going to ignore your unpaid claims? Mindlox's AR recovery services systematically resolve all the issues affecting your practice's cash flow. From identifying unpaid claims to correcting and resubmitting denied claims, we maximize your revenue by collecting all the outstanding payments. Our old AR recovery services include
Patient AR Recovery Service
We increase your practice's profitability! At Mindlox, we help you collect copayments from your patients. Our patient AR recovery team makes sure that you receive compensation for your services without impacting your patient relationships. This includes sending them detailed statements and following up with courteous calls.
Insurance AR Recovery Service
We address your unresolved insurance claims! Our insurance AR recovery services help you reclaim unpaid services from payers. We manage and resolve all your outstanding claims by meeting every insurance requirement. This includes reviewing your ledger, correcting issues such as 'unpaid' status for paid claims, identifying denials, filing appeals, and posting payments. Our team focuses on minimizing payment delays and maximizing your revenue.
Why Choose Mindlox for Old AR Recovery Services?
Choose a headache-free method to recover your lost revenue! The healthcare industry is plagued by changing insurance policies and unpaid services. Many specialties struggle between a high volume of medical claims and varying requirements, leading to billing errors and high denial rates.
If your claims are also being denied, choose a trustworthy AR recovery company like Mindlox to reclaim them. We specialize in both insurance and patient AR recovery. Our team uses an advanced system to handle complex issues and reduce billing errors. So, instead of rushing through your financial tasks and ignoring denied claims, pick us for the following reasons:
Work smarter! At Mindlox, we offer efficient solutions to recover your revenue. From collecting payments from insurance companies to managing patient obligations, our AR recovery services guarantee a 96% collection rate.
Trust the experts! At Mindlox, we bring unmatched experience to your table. Our AR recovery team analyzes your requirements and provides necessary services to collect outstanding amounts, including making follow-up calls and correcting and resubmitting medical claims.
Get paid faster! Our AR recovery services help you improve your cash flow by collecting outstanding payments quickly. We ensure that your practice receives timely reimbursements, allowing you to focus on patient care instead of worrying about unpaid claims.
Maintain a positive relationship with your patients! At Mindlox, we tailor our approach to each patient's circumstances. Our team effectively communicates payment policies with your patients. This includes providing easy-to-understand billing statements with proactive follow-ups to remind them about their payment responsibilities
Receive quicker payments! At Mindlox, we guarantee quick recovery by sorting out your billing errors. Our seasoned AR specialists follow an efficient process to identify and resolve your outstanding claims on time. We use cutting-edge technology and maintain consistent follow-up to minimize the recovery time.
Our AR Recovery Process
AR recovery and management are a time-consuming process, often involving several steps. We understand that medical practices don't have the time to contact every insurer and patient to collect their dues. Therefore, we act in your stead and handle all aspects of patient and insurance AR recovery. Here is how our recovery process helps you avoid bad debts – unrecoverable billing amounts.
Initial Review
We start with a comprehensive review! Our AR team systematically analyzes your billing records to determine your current standing. This step sets the stage for our recovery process and helps us identify all the outstanding claims and unresolved problems.
Problem Identification
Next, we identify what exactly is holding back your cash flow. Our team conducts a detailed analysis to determine the reasons for unpaid claims and outstanding balances. This includes reviewing your claims' status, analyzing claim denials and billing errors, and verifying payment terms and insurance coverage.
Suitable Corrective Steps
We start with a comprehensive review! Our AR team systematically analyzes your billing records to determine your current standing. This step sets the stage for our recovery process and helps us identify all the outstanding claims and unresolved problems.
Regular Follow-Up
We start with a comprehensive review! Our AR team systematically analyzes your billing records to determine your current standing. This step sets the stage for our recovery process and helps us identify all the outstanding claims and unresolved problems.
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