AR Recovery Services
CureBill provides a full suite of AR management services, specializing in recovering outstanding revenue from accounts aged over 120 days. Our proven system significantly increases recovery, even from accounts previously deemed uncollectible.
Unlike many medical billing companies that bundle AR recovery into their revenue cycle management services, CureBill offers AR medical billing recovery as a standalone solution. We don’t believe in a one-size-fits-all approach and are committed to tailoring our services to meet the unique needs of your business.
Case Study Results
1 Year
Review Period
$86,000 to $144,000
Collection Increased
66.6%
Revenue Increased by
Systematically Increasing Revenue with Effective Claims Management
CureBill's innovative system tracks every claim to completion, ensuring our clients receive the revenue they deserve.
CureBill’s 4-Part Strategy for AR Recovery
Our approach to managing aging AR accounts is backed by years of experience. CureBill's old AR recovery service offers a streamlined process that is both fast and highly effective.
Systematic Evaluation
When our AR team offers account recovery solutions to a new client, the first step is a thorough review of every unresolved claim. There may be some that have expired or are not collectable for some other reason, but we find every one that can possibly be recovered and get to work on it.
We aren’t just looking for the “low hanging fruit” in this process. Many medical billing companies only look for high dollar claims in aging AR, but we know how fast the smaller amounts add up for our clients, so we look at any claim that could still be paid.
Prioritization
At CureBill, we treat older unpaid claims as a top priority to ensure none expire before processing. Utilizing advanced analytical tools, we minimize medical account receivables and stay ahead of payer requirements, maximizing your revenue. Our team consistently follows up with each payer to recover overdue payments, allowing you to focus on your practice while we manage and protect your bottom line.
Claim Correction and Resubmission
CureBill’s dedicated team ensures no claim goes rejected, denied, or underpaid due to lack of follow-up. After making the necessary corrections or clarifications, we appeal each claim to prompt insurance or government payers to reconsider their decision. Additionally, we closely monitor claim denials and rejections to identify recurring issues and eliminate them permanently from your revenue cycle management process.
Patient Communication
If the outstanding balance is the patient’s responsibility, CureBill generates an easy-to-understand report and sends it directly to them. Should you prefer, we can also manage direct interactions with your patients. Unlike collection agencies, we ensure your message remains clear and respectful, maintaining a positive relationship with your patients. We’ve found that patients are more likely to pay when they fully understand the charges and agree with the amount due, so we work to make everything transparent and straightforward. If needed, we’ll also handle their phone calls and answer any questions they may have.
AR Recovery Is One of Our Specialties
A significant amount of revenue is lost each year due to unpaid claims not being properly managed. At CureBill, we have a dedicated AR recovery team that excels at recovering reimbursements for what others consider "uncollectible." While it's well-known in the collections industry that the longer a bill remains unpaid, the less likely it is to be paid, we take that as an opportunity to act swiftly and begin investigating every unpaid claim.
Many medical AR billing services shy away from aging AR or charge high fees for recovery, but our streamlined system allows us to efficiently handle old AR recoveries and low-value claims, making the process profitable. These are just a few of the features that set our AR recovery system apart.
Systematic Evaluation: Reviewing unresolved claims in detail
Prioritization: Focusing on claims that are close to expiration
Claim Correction & Resubmission: Fixing errors and resubmitting to payers
Patient Communication: Respectfully engaging with patients to resolve balances
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