Simplify the tedious and time-consuming task of insurance pre-authorization with FWS. We can help you streamline your practice & maximize your revenue. Do you want to reduce your pre-authorization worries and focus on providing exceptional patient care? Reach out to us for precise and accurate insurance payment posting services.
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Our payment posting specialists walk through your account receivables and perform a complete audit of your healthcare revenue cycle management. We identify and categorize rejected as well as denied claims. Then we fully scrub your claims and make them go through payers’ adjudication and also recover your denied payments respectively.
As soon as we onboard you, our medical billing specialists perform a complete audit of the collections of your medical account. We prepare a complete chart that helps you understand the existing errors in your medical billing system and recover your collections.
We use innovative solutions to scrub your medical claims faster and accurately. Then we collect your credential information & claims’ billing data to reconcile it with the denied claims. In this way, we ensure accuracy throughout account receivable recovery.
If you and your patients have any questions about the medical bills and payments then don’t stress yourself much. Since, our customer care team is always available to answer your questions via email, phone and fax.
CureCloudMD is a highly cost-effective, reliable and experienced medical billing company that offers efficient claim preparation and denial management solutions. So you can pay better attention to delivering quality patient care services while we help you get increased revenue stream. Here’s how you can get benefits by outsourcing payment posting services to CureCloudMD:
Our medical billing team is well-qualified and experienced with account receivable recovery and payment posting services. We also provide dedicated account managers that continuously supervise your accounts, collections and report denials. Our AR recovery specialists appeal denied claims and collect your outstanding revenue.
Our medical billing team features an adoptive approach and integrates your existing practice management with our medical billing software. Even if you want to use a third-party medical billing software or want to use our solution, we assist you in every way. So you don’t need to spend extra costs while shifting the horizon of your healthcare revenue cycle management system.
We understand that a general medical billing system doesn't work for every specialty in the healthcare field. Every specialty and practitioner has unique requirements, therefore we also customize our medical billing and prior authorization solutions to match your needs.
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A denied or rejected claim can cause a lot of frustration for your medical billing staff and put a damper on your practice’s income. CureCloudMD is the best prior authorization company in the US that offers all-inclusive prior authorization services. Our healthcare revenue cycle management specialists proactively strive to identify, monitor, manage and prevent prior authorization. We consistently follow up with insurance payers and make sure that we recover your uncollected balance and reduce aging AR days. Also, we educate your in-house medical staff, help you streamline your workflow, improve the execution of internal procedures and get paid for your hard-earned services.
Our medical billing specialists adopt a claim resolution approach & also identify the reasons why your adjudicated claims are returned unpaid. We examine your claims’ history and figure out if there is any error in medical credentials, coding or billing and rectify them to prepare your medical claims with better accuracy so they can be submitted the right way.
After claim rectification, we directly route the denials via automated prior authorization solutions to sort out the work and create a log to track down the timelines of each insurance payer. Then we appeal denied & rejected claims to the insurance payer promptly in order to make sure that your claims are converted at the first attempt.
Our medical billing team uses insights into invaluable business intelligence to sort, track and categorize medical billing denials. Also, we calculate the volume of denials, analyze the reasons and examine the source of claim denials. Also, we tell you the time required to execute denial management in rcm.
It is essential to adopt preventive measures in the denial management process. Therefore, our medical billing specialists determine whether the issue is in the credentials, patient’s insurance coverage, and benefits eligibility. Once identified, we offer reliable denial management solutions and medical billing services to prevent errors way forward.
The most common cause of claim denials is the lack of coverage. It often happens when patients switch their coverage plans more frequently. Therefore, our medical billing specialists support your staff in front-line tasks and proceed with automated insurance coverage. In this way, we save your time that could be lost while delivering these services.
CureCloudMD provides all-inclusive credentialing and medical billing services. We make sure that your claims are not returned unpaid and you get paid right for your services and time. We offer medical credentialing services so that providers don’t go through challenges that come along claim denials.
Our revenue cycle management specialists provide free medical billing audit, examine your account receivables and provide reliable claim denial management services for hospitals and every healthcare practice irrespective of your practice’s size. Fill out the form below and contact our medical billing professional right away!
Payment Posting is the most critical aspect of healthcare revenue cycle management. Our medical billing specialists provide specialty-specific revenue cycle management services and we also recover your outstanding balance with proven claim denial management services.
Hospitals proceed with a huge volume of medical claims. Therefore, there are high chances that they also come across a lot of claim denials and rejections. However, CureCloudMD offers automated claim denial management solutions that examine, highlight and eliminate errors through the medical billing process. Also, our medical billing experts guide your administrative staff about how to prevent such mistakes while collecting and processing information.
Whether you’re an independent physician, running a clinic or working in a healthcare organization, CureCloudMD assist you through medical billing services and claim denial management. Our medical billing professionals create a purpose-built plan for claim denial management services that suites the nature and size of your practice.
General medical billing solutions may or may not be applicable for healthcare labs due to their unique requirements. Therefore, CureCloudMD provides reliable, cost-effective and custom-tailored laboratory medical billing services and claim denial management solutions.
Our medical professionals guide you thoroughly about the KPIs and quality metrics for claim denial management in medical billing. Implementing these KPIs for claim denial management gives you an ability to examine the financial progress of your practice. Also, we provide regular analytical reports to healthcare practitioners that gives you insights into strategic growth and improvements within your practice.
Mostly errors that cause claim denials and rejections down the line occur during the front-desk & registration process. Our expert revenue cycle management specialists provide complete support for back-office tasks. We guide your in-house team throughout every step of healthcare revenue cycle management.
Our medical billing specialists take the guess work out of your claim denial management procedure by implementing automated solutions. We use online solutions to track down the status of medical claims and take essential measures to smoothly convert these claims into profitable revenue.
When a claim returns back to your practice unpaid then each status code also comes along with a set of questions to be answered by the insurance companies. These answers would resolve the issues with medical claims. We use automated tools to send reminder alerts to the insurance companies and keep following up with them until we resolve all the issues.
We generate multi-variate reports to get a clear view of your account receivables on a weekly and monthly basis. We provide these reports to medical providers so you can get a clear view of your claims’ status, A/R and the results of our performance.
We strive to reduce your aging A/R days by 20% and help you improve collections by about 5-7%. Our medical billing professionals provide medical billing and coding services and claim denial management services
CureCloudMD provides a dedicated customer care team that answers your queries about your payments, medical billing and reimbursements. They also guide you through any difficult phase to make sure that your practice’s workflow don’t get stuck at any point.
Get the most reliable, efficient and cost-effective medical coding services to increase your claim success rate and improve your revenue collections. Fill out the form below!
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If you have any questions about claim denials, rejections and account receivable recovery then this guide would help you. If you still have any queries then please contact us
Rejected claims are those that never even into the insurance payer’s computer system because the data requirements are not by the medical providers.
Typically, a healthcare insurance company must make a decision about your internal appeal within the following timelines after receiving your request:
◾ 72 hours if you're appealing the denial of a claim for urgent care.
◾ 30 days for treatment that you haven't received yet.
◾ 60 days for treatment you have already received.
CureCloudMD is a well-established medical billing company that offers reliable, cost-effective and custom-tailored medical billing services to healthcare providers. You can reach out to our medical billing experts by calling us at: +1 205 947 3264
Or you can fill out the form from the given link: https://curecloudmd.com/contact-us.php
After that, our medical billing experts will contact you soon and guide you about the progress of your practice revenue cycle management way forward.
You can get claim denial management services from CureCloudMD in the two following ways;
1. You can get an exclusive package that solely contains the contract about claim denial management services. Our Account receivable recovery specialists would strive hard to collect your outstanding balance and reduce your increasing AR days.
2. Also, you can get any services from a complete suite of practice revenue cycle management services including; medical credentialing solutions, prior authorization, charge entry, medical coding, medical billing, payment posting and claim denial management services.
Both the packages are more competitively cost-effective than other medical billing companies. However, you can customize your contact by adding and removing any service mentioned above. For more information, you can schedule a free business consultation session with our medical billing experts.
AR turnover & DSO (Days Sales Outstanding) are the essential metrics to measure the financial health of your accounts and balance your credit score. FYI, AR turnover is the ratio of your net credit sales against how many times you’ve collected your receivables over a specific period of time. This KPI indicates the effectiveness of account receivable recovery management.
On the other hand, DSO refers to the time taken to collect your revenue from your customer after the sale. Here we have two important objectives;
1. Maintaining high AR turnover.
2. Decrease DSO.
High AR turnover indicates that your AR recovery team is highly efficient and collects more debt in a given time period. While low DSO means that your AR team takes less time to convert your account receivables.
Outsourcing AR recovery services gives you an opportunity to save your time and let the specialists work to achieve your objectives. While you can invest your time and money to reallocate your resources towards core business functions focused on growing your business.
Healthcare businesses with lower DSO & high AR turnover have more cash flow at their disposal. Therefore, the AR recovery team at CureCloudMD provides reliable claim denial management services that ensure minimal DSO and improved AR turnover and boost your practice’s financial growth.
I’m more than happy to state that I’ve found the best medical billing services in USA. Cure CloudMD is way better than other medical billing companies.
For a long time, I was searching for cost-effective medical billing services near me. After getting their professional medical billing and coding, we have seen a drastic improvement in our billing efficiency.
It was a satisfying experience with Cure CloudMD and their medical billing specialist. They offered me their most affordable pricing plan with a quick turnaround time and at the same time the quality of their medical billing services were exceptional.
For getting me credentialed with insurances, their RMB was excellent. I highly recommend their amazing medical billing services to all the practitioners who are searching for a reliable medical billing services company.
The team was highly qualified and experienced. Especially the support team was very professional when I had a discussion with them regarding my billing queries. I’m truly grateful to Cure CloudMD for helping me save a lot of stress, time, and cost in the most efficient way possible.
