Our AR follow-up service is dedicated to maximizing your revenue by diligently managing outstanding invoices. With a proactive approach, we ensure timely payments, improving your cash flow and reducing financial strain.
Compliance and Accuracy
We ensure adherence to billing regulations and accuracy in invoicing, minimizing disputes and ensuring smooth AR operations.
Our AR follow-up service helps decrease DSO by efficiently managing and collecting outstanding invoices, improving your overall financial health.
Our detailed reporting provides valuable insights into your
receivables, enabling better financial planning and decision-making.
Proactive Approach
We actively follow up on unpaid invoices, minimizing revenue loss and
accelerating payment cycles.
Proactive management of AR reduces the risk of bad debt by minimizing overdue invoices and uncollectible accounts.
Effective AR follow-up ensures consistent revenue streams,
supporting business stability and growth.
Our efficient auditing processes lead to faster and more accurate claims submissions, resulting in quicker reimbursements.
Streamlined processes and automated reminders optimize efficiency, allowing staff to focus on core business functions.
Our client testimonials are a testament to the quality and reliability of our services. Hear directly from our satisfied clients about their experiences working with us.
I am very impressed with the medical billing services from XcelMD. They have streamlined our billing process and increased our revenue .Additionally, their customized financial and reconciliation reports have provided us with clear and detailed insights, making our financial management much easier.
Cassandra, Behavioral Health
We have been working with XcelMD for the past year, and we have been extremely satisfied with the services they have provided. Their team has been handling the order entry and dispatching for our Laboratory Management System, and the results have been outstanding. Their attention to detail and commitment to customer satisfaction are second to none.
Sam, CEO at a Diagnostics Lab
I have been extremely impressed with the Medical billing services provided by XcelMD. Their team is knowledgeable, professional, and dedicated to customer satisfaction. Not only have they helped us streamline our billing process, but they have also helped us increase our revenue by identifying opportunities for improved reimbursement.
Ted, CEO at Medical Billing Company
XcelMD has been a game-changer for our practice. Their team handles all aspects of our laboratory orders, data management, and reporting, and the results have been impressive. Not only have they streamlined our processes, but they’ve also provided valuable insights for improving our performance. Their customer service is top-notch, and we’re thrilled to have them as a partner. Highly recommend.
Christie, COO at a Molecular Laboratory
Our FAQs section is designed to provide quick and comprehensive answers to the most common questions about our services.
What are Accounts Receivable (AR) Services?
Accounts Receivable (AR) Services involve managing and collecting payments owed to a business or healthcare provider for services rendered. This includes invoicing, tracking outstanding payments, and following up on overdue accounts.
Why are AR Services important for healthcare practices?
Efficient AR management ensures timely collection of payments, improves cash flow, reduces the risk of bad debts, and allows healthcare providers to focus more on patient care rather than administrative tasks.
How can AR Services benefit my practice?
AR Services can optimize your revenue cycle, reduce administrative burdens, enhance financial stability, and ensure compliance with industry regulations. This leads to improved cash flow and allows your staff to focus on core medical activities.
How do AR Services improve cash flow?
By ensuring timely and accurate billing, efficient follow-up on outstanding payments, and effective management of denied claims, AR Services accelerate payment collection and enhance cash flow.
If you have additional questions or need further clarification about our services, we’re here to help. Our goal is to provide you with the information you need to make informed decisions about your needs.
Our team of experienced professionals leverages advanced technology and industry expertise to deliver customized solutions tailored to your specific needs.
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