Reliant HC>Services>>Accounts Receivable Consulting

A medical practice's largest financial asset is the patient accounts receivable. Managing this important asset is becoming increasingly complex. Reliant Healthcare Solutions, LLC can assist medical practices in gaining a better understanding of their accounts receivable process as well as identify specific areas of improvement. The accounts receivable management assessment includes analysis of:

• Front-end data collection process;
  
• Claims follow-up and appeal process;
  
• Patient responsible accounts collection process;
  
• Accounts receivable policies and procedures.
  
  
• Payor mix Fee schedule analysis;
  - practice fee schedule;
  - payors' fee schedules.
  

• Billing structure;
  - technology;
  - staffing;
  - in-house billing office versus outsourcing.
  
  
• Comparison of key indicators to industry standards;
  
• Development of action plan for improvement.
  
  Reliant HC>Services>>Accounts Receivable Consulting