Vitalis Billing
Account Receivables Management
Account Receivables Management
Over the years, the insurance industry has made it increasingly more difficult to obtain payment for services provided by Medical Providers. To prevent these obstacles, we have developed a process to examine a Practice’s older Accounts Receivable in order to rapidly target problematic accounts and identify solutions for their payment. A team of dedicated recovery specialists and analysts make hundreds of calls per day to obtain payment on these old claims.
Benefits to Practice
- Increases cash flow by obtaining payment on older A/R (typically 90 days or 120 days and older).
- Analyzes and collects on under-payments by insurance companies.
- Analyzes and collects on under-payments by insurance companies.
- Analyzes practice operations to ensure valid accounts receivable is not being incorrectly written off and collects payments if this is identified.
Vitalis Process
- Execute HIPAA Agreement
- Practice executes Recovery Services Agreement.
- Establish HIPPA compliant connection to Practice current Management System
- Vitalis examines data and makes initial calls on the claims to determine what additional info, if any, is necessary to have claims paid.
- Vitalis recovery team begins collection on the claims. Vitaliswill do the various steps to have claims paid such as printing new claims and performing the appeal processes, etc. Will contact practice as necessary for other information?
- All payments go to practice as they normally do. Practice posts payments.
- Vitalis invoices the client on a monthly basis based on collections.