Reimbursement from third-party payors is monitored to identify problems with specific insurance companies. Payments are sent directly to the client's practice or post office box maintained by the client.
- Deposit Money
Contracted allowables are maintained within state-of-the-art billing software, enabling verification that correct payments are being received from insurance companies.
- Post monies received and balance daily work
- Record contractual adjustments
- Prepare bank deposits and deliver to client's bank accounts
- Report receipts to client
- Credit Balance Processing
- Send verification letters to insurance companies
- Research and process credit checks
- Unclean Claims Resolution
- Investigate insurance denials and processing errors
- Follow-up with insurance companies regarding pending claims
- Follow-up correspondence with insurance companies
- Monitor profiles of individual insurance companies
