AR Services for Hospitals

Success Driven Capabilities That Make Us One of the Best AR Services for Hospitals

Resources

8+ years of experienced AR calling experts

AI and Automation

AI-enabled accounts receivable automation that reduces manual work burden

MGMA Benchmarking

Allows you to get notified immediately when AR crosses the threshold

AR Claims Recovery

Recover 98% of all pending AR claims within weeks

Hospitals and Medical Centers are already burdened with their core functions, let us elevate this pressure with our expert AR staff and intelligent AI bots for AR Automation.

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Collect More and Faster

Years of industry experience at Billing Paradise, providing trusted and reliable healthcare billing services

Experience in the industry

BillingParadise has 19+ years of experience in working with hospitals, health systems, and medical centers.

Dedicated customer support with thousands of calls handled per year by Billing Paradise, ensuring excellent service

More calls = more $$ collected

Our team of 150+ AR callers ensures hospital AR services are super-efficient. We make 1701000 calls annually.

MGMA certification logo for Billing Paradise's accounts receivable (AR) service

HFMA Standards

All our hospital AR management services meet and exceed HFMA benchmarks. Our Automation solutions are developed based on HFMA benchmarks.

Optimize Revenue with Efficient Aged AR Services for Hospitals

Tackle aged AR claims to avoid $10,000 monthly revenue losses in specialties. Our expert team specializes in old AR recovery, ensuring your revenue is reclaimed efficiently.

AR caller with security

Deploy our AR callers for aged AR, while your staff manages current AR.

insights ideas

Receive detailed daily, weekly, and monthly reports from top AR supervisors.

analyzing

Quickly reduce your 60, 90, and 120+ day AR, boosting collections rapidly.

automation calling

Access scalable and flexible accounts receivable management solutions.

Gain specialized support for all AR challenges

Debunking Outsourcing Myths

Low-cost outsourcing services may neglect critical areas like accumulating AR and accuracy checks. Our service focuses on comprehensive solutions, not just claim filing.

Want effective results? Our AR services for hospitals expertise delivers on promises.

Our AR Services for Hospitals Workflow


  • Target your pending and uncollected aged or old AR claims.
  • Complete Revenue analysis audit to identify unpaid claims.
  • Management team with deep experience.
  • Scalable & flexible AR operations.
  • 24/7 workflow and legacy AR transition support.
  • Process improvement experts who implement best practices.
  • Data-driven process improvement initiatives
  • High-impact AR solutions

MGMA Industry Standard Benchmark and KPIs that Eradicate AR

“Timely filing dangers when figuring out how to solve pending AR is a risk. Exceeding 90 or even 120+ days AR can reduce your chances of minimizing the claim reimbursement recovery.”

We employ a comprehensive approach with over 7 Key Performance Indicators (KPIs). Our detailed 15 KPI model meticulously monitors virtually every aspect of RCM processes, with a particular focus on healthcare AR recovery services.

While calculating the AR days the following KPI metric is used as a benchmark

35 or fewer A/R days = Good or High performance

35-50 A/R days = Average Performance

Key Indicators Include

A/R Days

The number of days outstanding in Accounts Receivables, where 50 or more days typically indicate below-average or poor performance.

First Pass Resolution Rate (FPRR)

This measures the efficiency of resolving claims on the first attempt.

Gross Collection Rate (GCR)

This KPI tracks the total percentage of payments collected from the billed amount.

Net Collection Rate (NCR)

This indicator focuses on the percentage of collectible revenue that's collected.

Percentage of A/R Older than 60 Days

This metric assesses the proportion of Accounts Receivables that have been outstanding for over 60 days.

Collections per Visit

This measures the average revenue collected per patient visit.

Contractual Variance

This KPI tracks the differences between contracted payment amounts and actual payments received.

CleAR - Revolutionize AR Management with AI Automation

Transform your AR collection process with CleAR, eliminating uncertainties in uncollected AR. Experience a blend of time-saving and cost-reduction with our advanced AI.

  • Automatic AR Data Analysis and Isolation - Identifies high-risk receivables swiftly.
  • AI Voice Assistance - Skips Insurance/payer IVR, connecting directly to representatives.
  • Comprehensive Reporting - Includes ATB (Aged Trial Balance), OBR (Open Balance Report), and Denial Reports.
  • Unmatched Security - Your AR data is protected with multiple layers of security.
  • Improved Team Dynamics - Enhances data accessibility and visibility for better cross-department collaboration.
Comprehensive training programs by Billing Paradise, equipping staff with the skills and knowledge for efficient healthcare billing

Boost your team's productivity using our cutting-edge voice AI technology

Our Voice AI simplifies the phone call process, freeing your staff to focus on vital interactions. Eliminate the frustration of long hold times and complex phone systems in dealing with health plans and payers.

Features

AutoDial

AutoDial

navigation

Phone IVR navigation

Record

Record

Transcribe

Transcribe

MultiCall

MultiCall

SmartHold

SmartHold

Connect

Agent Connect

Search

Search

Comprehensive training programs by Billing Paradise, equipping staff with the skills and knowledge for efficient healthcare billing

Enhance Patient Experience with Advanced Old AR Recovery Services

Merge the warmth of human interaction with AI precision in our AR services for hospitals, designed to actively involve patients in their care process. Say goodbye to long holds for your patients.

  • Effortless Patient Service and Collection - With our patient-centric AR team.
  • AI-Driven Patient Engagement - Elevate the financial experience through AI-assisted follow-ups and support.
  • Intelligent Patient Statements - Feature-rich, automated statements aiding in collections.
  • Personalized Payment Plan Assistance - Guide patients to find payment options that suit them.

Patient Collections Automation

Revolutionize your Patient Payment Collections team by removing obstacles, increasing visibility, and enhancing decision-making. Integrate our comprehensive patient payment collections automation with your EHR for a seamless experience.

  • Efficiency Boost - Eliminate manual payment processes to save time and resources.
  • Cost Savings - Redirect valuable resources to more critical tasks with our automated system.
  • Top-Tier Security - Ensure patient data protection through secure electronic channels.
  • Prompt Payment Incentives - Tailored reminders increase the likelihood of on-time payments.
  • Clear Communication - Consolidate payment information to avoid patient confusion.

Patients often feel overwhelmed by repetitive calls and follow-ups. Let our Automated AI bots handle these tasks, engaging with patients at their preferred pace

Comprehensive training programs by Billing Paradise, equipping staff with the skills and knowledge for efficient healthcare billing

Prevent Revenue Loss Due to Patient Demographic Errors in Aged or Old AR

Around 35% of delayed or denied claims in aged or old AR stem from inaccuracies in patient data and eligibility.

Combat these errors with our advanced patient insurance card reader and verification AI. Effortlessly scan insurance cards across 20,000+ plan types and 4,000+ national carriers, achieving health insurance verification in just 5 seconds.

Features and Benefits

AI-Powered Insurance Card and ID Scanning

Ensures high-quality image capture for precise OCR, accurately recording insurance and legal ID information, including eSignatures.

Immediate Insurance Verification

Quickly verifies patient co-payments, plan limits, and eligibility, making coverage confirmation more efficient.

Customized Patient Intake Solutions

Offers tailored forms and automated workflows for benefits verification and authorization, cutting down on errors and duplicate efforts.

Enhanced Patient and Provider Interaction

Facilitates a smooth check-in process, clear understanding of cost responsibilities, and secure handling of co-payments and outstanding balances.

Increased Staff Efficiency

Reduces manual tasks and errors, boosting administrative effectiveness and staff job satisfaction.

Results that will make you woah!

51%

Reduction in Manual Work Hours

70%

Increase in Collections

98%

Decrease in AR

80%

Increase in Productivity

60%

Reduction in Bad Debts Write Off

Experienced Over 30+ EHRs, EMRs and PMS

We Adapt to your EHR as Migrating Data can be a Tedious Task

BillingParadise Credentials

Download Our Hospital AR Management Casestudy

See how a large integrated healthcare system based in Dallas successfully reduced outstanding AR and reduced average days in AR by 60%

AR Management CASE STUDY
Speak to a BillingParadise's Hospital AR Management Expert

One of our AR Specialists will contact you for a personalized demonstration of BillingParadise's 24/7 Accounts Receivable Management Process.