Reducing your bucket of hospital accounts receivable plays a huge factor in determining the speed of recovery. Some of the common challenges like inaccurate registration information, denials, and demonstrating medical necessity becomes a huge challenge for a hospital to manage in the long run.
The rise of inpatient admissions across the country makes it quite an uphill task for in-house staff to manage paperwork and facilitate the patients at the same time. The results are quite ominous with a piling bucket of aging accounts receivable crippling the entire process of recovery of cash. Write-offs and adjustments become larger by the day and payables have to suffer.
All of it comes down to finding relevant experience which helps you as a provider to reduce your rising costs of operations. Making sure that all your money is realized on time can be a challenge in the long run if you do not find the right solution sooner than later.
Sunknowledge has the right approach
Our team has complete knowledge of the payer guidelines and has been working with the top hospitals with excellent references. We have a unique ability to collect money from your aging hospital accounts receivable which may be as old as three years.
With our niche presence, the ability to offer comprehensive support helps us bring back reimbursements on time. We have complete knowledge of the intricacies on how to bill for UB-04 claims and have great knowledge of what to do to file the correct appeals and scrutinize the underpayments.
Get in touch with our team and know-how we drive your payments in the best possible manner. We have the best plan in place on how to collect more from your claims and offer customized support. We are just a call away from you. Schedule a call with our experts and come to know what difference we bring to the table as a next-gen medical billing and collections destination. We have supported some of the best hospitals in the country with our accounts receivable support.