Focused Expertise
With more than eight years of dedicated experience, our team excels in the management of account receivable for geriatrics.
Innovative AI Utilization
We employ state-of-the-art AI technology to refine and accelerate accounts receivable processes, drastically cutting down on manual labor.
Active Performance Tracking
Our system provides prompt alerts for geriatrics accounts receivable that exceed predefined performance benchmarks.
Exceptional Claim Resolution Rate
We pride ourselves on achieving a remarkable 98% recovery rate on outstanding geriatrics accounts receivables, typically resolving them within weeks.
We use advanced AI and efficient underwriting to accurately predict claim collectability, turning claims into fast, guaranteed payments.
Historical Data Analysis
Sign our BAA to grant access to your past claim data.
Claim Collectability
Once we access your data, we deliver analysis, benchmarks, and insights within a week.
Resolution & Funding
After signing, you can submit claims, with payments sent in days and future funding processed in minutes.
The management of accounts receivable within geriatrics often faces delays, primarily due to ineffective communication between insurers and healthcare providers. The main difficulties encountered in geriatrics AR include:
Incorrect billing associated with various geriatric services billing.
Difficulty in justifying the medical necessity for certain treatments specific to elderly patients.
Issues stemming from provider credentialing processes.
Mistakes in specifying service locations and facility types.
The shortage of adequately trained accounts receivable personnel familiar with geriatrics.
Such challenges can result in poor communication with insurance companies and lackluster engagement, leading to unresolved AR claims for periods extending beyond 30 days.
Our expertise is tailored to effectively overcome these complex challenges in Geriatrics AR management.
Neglected AR claims can result in significant monthly revenue losses for geriatrics practices,
approximately $10,000 on average. Our specialized AR team is dedicated to recovering these
funds with unmatched efficiency.
Utilize our proficient AR experts to manage aged accounts receivable.
Receive comprehensive daily, weekly, and monthly reports from our top AR managers.
Our geriatrics account receivable services are adaptable and scalable to your needs.
Focused on reducing your 60, 90, and 120+ day AR and increasing collection effectiveness.
Benefit from Customized Assistance for Your Geriatrics AR Challenges.
Measures the average time taken for Accounts Receivables to be settled. Averages above 50 days typically signify below-average performance.
Evaluates the effectiveness of resolving claims on their first submission.
Tracks the percentage of total billed amounts that are successfully collected.
Concentrates on the proportion of collectible revenue acquired.
Analyzes the portion of Accounts Receivables outstanding for over 60 days.
Calculates the average revenue generated per patient visit.
Assesses the difference between expected payment amounts based on contracts and the actual payments received.
CleAR is revolutionizing the management of outstanding Accounts Receivable, transforming uncertainty into operational efficiency. Our sophisticated AI-powered solution optimizes your collection processes while cutting costs.
Merge human understanding with AI efficiency by integrating our specialized geriatrics accounts receivable services with AI technologies. This approach fosters greater patient participation in their healthcare management, reducing the stress of long wait times.
Transform your patient payment collection process with our automated system, enhancing transparency and decision-making. This is achieved through smooth integration with Electronic Health Records (EHR), automating the collection process.
Our Automated AI bots handle these regular activities, engaging with patients at a pace that suits them.
Our Voice AI system simplifies phone interactions, enabling your team to focus on key tasks. Eliminate long wait times and the hassle of dealing with different health plans and payer phone systems.
Reduction in Manual Work Hours
Increase in Collections
Decrease in AR
Increase in Productivity
Reduction in Bad Debts Write Off
Get paid Three times faster with our 24/7 medical billing services.
Work with medical billers who understand your EHR's billing process backwards and forwards
Avail Free RCM Audit Worth $2,000! Check out 19 different KPI reports that stops your cash flow.
