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Services |
Accounts Receivable Collection
The timely collection of accounts receivable revenue is critical to the
financial health of every hospital.
Not only does MCDM pursue the collection of accounts receivable revenue,
but our involvement enables hospitals to redeploy billing staff resources
to focus attention on the accuracy of the billing information. Accurate
information and timely billing can increase revenue and maintain number
of days outstanding below the industry average.
MCDM performs, at a minimum, the following:
• Evaluate receivables collection
• Secure necessary documents to pursue receivable collection
• Resubmit claims to insurance carriers as appropriate
• Conduct follow-up calls on a scheduled basis for all resubmitted
claims
• Identify and analyze billing discrepancies
• Prepare and issue periodic accounts receivable status reports
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