Account Receivable Management

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General Info

Account Receivable Management ( A.R.M. ) is a full service medical receivable management company helping physicians maximize cash flow. With 13 years experience in collecting aged claims from both insurance carriers and patients, this service has a proven track record in reducing practice receivables. With the current restrictions placed on physicians from various insurance carriers it is imperative that consistent follow up be made on each and every claim to be sure they are adjudicated properly. Unfortunately this has placed an enormous amount of work on what, is in most cases, an already overwhelmed staff. In practices where a third party billing service is handling these claims, the same problem applies and an aged receivable becomes impossible for even these services to address. Most billing services are compensated on a commission basis and once the claims become aged they are not reviewed to the necessary degree due to cost effectiveness. Once insurance claims become aged the practices are normally forced to write them off due to filing and appeal restrictions. The self pay accounts must either be written off or turned over to a collection agency which normally bills a commission fee of 35% to 50% of monies collected. No monies are handled directly by A.R.M., but rather will be directed to the individual practice. Fees on monies collected will be billed by A.R.M. to the practice for all claims and accounts aged over 90 days. Any claims not yet aged to 90 days can either be billed at a reduced rate or hourly charge for work performed.

Extra Phones

Phone: (203) 304-1545

AKA

Account Receivable Mgmt LLC

Account Receivable Management LLC

Account Receivable Mgmt

Other Link

http://acctrecmgmt.com

Category

Medical Practice Consultants

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Details

Phone: (203) 426-0719

Address: 45 Osborne Hill Rd, Sandy Hook, CT 06482

Website: http://acctrecmgmt.com