ACCOUNTS RECEIVABLES

If your healthcare practice has receivables, this means it has delivered a service but has yet to collect the money from the purchaser. Here's where OSPRO can help - in following up pending claims, initiating collections, tracing the reasons for claims denials, tracking outstanding receivable balances by customer and by the date when payment is due, providing periodic reports and more. By shortening the "days in accounts receivable" cycle, OSPRO is able to help improve your cash flow and reduce claims denials, thus turning receivables into cash.

Our Offshore Accounts Receivable follow-up protocols and procedures have been designed and time tested to assure that each and every account is followed-up on in a timely and professional manner. Our Offshore Accounts receivables Specialists are extremely familiar with the current State and Federal Insurance regulations and strive to obtain high rates of return from their Follow-up efforts. We run reports on accounts that are 30 to 60 days past due and call insurance companies to check claim status, re-file, or gather additional information. Our goal is to keep the average age of Accounts Receivable at 45 days or less.

Our Offshore Accounts Receivable includes

Receivable Analysis

Payer Follow-up

Denials Management

Reporting

Your organization can experience

Improved cash flow and increased revenue

Accelerated financial settlement cycles

Higher collection ratios

OSPRO has the experience, the people, the technology and the in-depth domain knowledge to address your specific needs in accounts receivable management.

If you want to ensure that you get paid promptly and in full for each healthcare claim, and actually increase your revenue by up to 20%, out source your accounts receivable department to OSPRO.