Specialties Served
Net Collection Rate
Days in AR
Hour Claim Turnaround
Increase in Cash Flow
Specialties Served
Net Collection Rate
Days in AR
Hour Claim Turnaround
Increase in Cash Flow
MedsIT Nexus accounts receivable management services assist healthcare providers in collecting revenue
from the insurer for their medical practices following a series of processes that includes identifying
denied claims, re-filling the corrected claims, minimizing AR days, and eliminating aged AR. Our AR
department workforce is proficient in analyzing the root cause for claim denials, fixing the
allegations, and re-file without delay.
Moreover, our receivable management services are essential to examine the denial patterns and provide
appropriate solutions to eliminate future occurrences of denials. Managing the AR workflow process
without acquiring the assistance of a team of professionals could fail medical providers to collect
revenue from the insurer for their rendered services.
When a healthcare business contacts MesdsIT Nexus, a renowned debt collection agency for receivable management services, we determine how much time they have an account receivable.Depending on it, they are required to export their financial statements history, including contact details of their clients, to the excel spreadsheet or CSV file provided by the Meds IT Nexus debt collector in the CRM team. The client’s data is processed; any component of that data can be eliminated or amended for action under the following process.
In the first step, collection agencies contact your client, the healthcare insurance company, on your behalf. Our CRM team represents you in such a manner that your client would take it to be a follow-up client service phone call from your organization to make sure that your credit reports are received and the services rendered are satisfactory, and there are no questions or queries
MedsIT Nexus Account Manager gently massages the proposed scheduled payment of your invoice. Our RCM department comprise a workforce dedicated to process payments of our clients with a robust AR management system to better build and maintain customer loyalty.
In this step, MedsIT Nexus concerned team in the CRM department reports the details to you about any identified problems in your invoice from your client for appropriate action to enhance your relationship with the client.
MedsIT Nexus’s debt collector assists you in all aspects to correct crucial mistakes in your invoice.After fixing identified issues in the invoice, MedsIT Nexus will Re-submit your invoice.
After submitting your invoice to the concerned healthcare insurance, the MedsIT Nexus receivable management services team will again give your client follow-up phone calls and continue working on it unless you receive a payment from your client in a timely manner.
At last E Report for your business is created that tracks the number of encounters, procedures, total collections, total charges, outstanding A/R, and the total number of adjustments. The report helps MedsIT Nexus concerned team to compare many indicators from other months to find the negative and positive trends
MedsIT Nexus offers superior debt recovery services under the fair debt collection practices act for health care organizations all around the country in the united states. Our success has been validated year after year in measurable results. MedsIT Nexus CRM department is equipped of highly determined workforce that comprise of highly trained and certified financial advisors to provide accounts receivable management services to our clients with their competence, authoritativeness, and trustworthiness. MedsIT Nexus healthcare business bureau has created a distinct set of core beliefs that govern its operations compliant with the federal trade commission and federal laws and guidelines. These values aren’t simply words; they’re a roadmap for how we conduct ourselves daily.
MedsIT Nexus clients are confident in our Industry expertise, allegiance to upholding our clients, brand prominence, and attention to detail in our work as we deliver personalized recovery and payment processing solutions across the board.
MedsIT Nexus has built a solid reputation from the scratch our directors and supervisory board members have considerable experience in the accounts receivable sector at all levels.
MedsIT Nexus is a receivable management services corporation whose owners acknowledged their roots in the business, both practically and metaphorically. The agency considers that establishing a culture of loyalty throughout the corporation that acknowledges its roots is the best way to serve its employees.
The provision of a great deal of transparency through dedication towards work & consistency in communication can be tagged as the nature of MedsIT Nexus workforce. We ensure the practice of a skillful prototype to facilitate and satisfy our clients.
We compete daily to be the best in the class agency for our customers. Still, we do so as a committed team that appreciates its place in a more significant industry crucial to the American credit markets and economy.
MedsIT Nexus provides cost-effective solutions for healthcare organizations compared to other credit reporting agencies. Our commissions start at 2.69% percent for every payment, depending on your ledger's frequency and size, average debt size, and several steps in the agreed process.
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