AR Recovery Services
NextGen Billing Solution offers AR management services, recovering revenue from accounts over 120 days old, even those previously deemed uncollectible.
Unlike most companies, we provide standalone AR recovery, delivering a flexible, customized approach to meet your practice’s unique needs.
Case Study Results
1st April
Started On
1 Year
$86,000 to $144,000
Collection Increased
67.4%
Revenue Increased By
Systematically increasing
revenue with effective claims management
NextGen Billing Solution tracks every claim to completion, ensuring clients receive the revenue they deserve efficiently and accurately.
NextGen Billing Solution 4-Part Strategy for AR Recovery
Our strategy for managing aging AR accounts has been developed through years of experience. Our old AR
recovery service is a streamlined approach that is both fast and effective.
Systematic Evaluation
With NextGen Billing Solution, our AR team begins account recovery by thoroughly reviewing every unresolved claim for new clients. While some claims may be expired or uncollectible, we identify every possible recovery opportunity and take immediate action.
Unlike many HIPAA-compliant billing companies that focus only on high-dollar claims, we track all claims, knowing that even smaller amounts can quickly add up, maximizing revenue for our clients.
Prioritization
With NextGen Billing Solution, our team prioritizes older unpaid claims to ensure none expire before processing. Using advanced analytics to minimize medical account receivables, we stay ahead of payer requirements to help you maximize revenue. We consistently follow up with each payer to recover overdue payments, allowing you to focus on your practice while we safeguard your bottom line.
Claim Correction and
Resubmission
NextGen Billing Solution, our dedicated team ensures no claim is rejected, denied, or underpaid due to lack of follow-up. We make necessary corrections, appeal claims, and work with insurance or government payers to secure proper payment. Additionally, we monitor denials and rejections to identify recurring issues and permanently eliminate them from your revenue cycle management process.
Patient Communication
NextGen Billing Solution, if an outstanding balance is the patient’s responsibility, we generate clear, easy-to-understand reports and send them directly. We can also handle patient interactions, answering questions and clarifying charges, without acting as a collection agency. By making billing transparent, we help patients understand and pay their bills more promptly.
AR Recovery Is One of Our Specialties
NextGen Billing Solution, a dedicated AR recovery team helps recover revenue from claims often considered “uncollectible.” While unpaid claims typically lose value over time, our team takes immediate action to identify and investigate every outstanding claim. Unlike most medical AR billing services that avoid aging AR or charge high fees, our system streamlines the recovery process, making it efficient and profitable—even for older or low-value claims. Here are some key features of our AR recovery system.
All Claims Pursued
NextGen Billing Solution, recovers all claims, even small or hard-to-collect ones, efficiently reducing medical account receivables.
Prioritization For Maximum Recovery
NextGen Billing Solution, we prioritize claims to prevent unnecessary expiration and use the most efficient medical recovery strategies to maximize revenue recovery.
Dedicated AR Recovery Team
When we contract to assist with AR recovery, we assign a dedicated team of experienced medical billers to focus on investigating every claim in your AR records.
Pay Only For Successful Reimbursement:
NextGen Billing Solution, there’s no financial risk in recovering old AR. We charge only a small percentage of the amount recovered, and if we don’t succeed in collecting payment, you owe nothing—ensuring a risk-free way to recover your unpaid claims.
Collection Ratios Over 90%
NextGen Billing Solution, our expert AR recovery team consistently recovers over 90% of claims that are up to a year old, delivering significant revenue gains that strengthen the financial health of any medical practice.
Appeal Rejections and Denials
NextGen Billing Solution, most claim rejections and denials caused by simple errors or omissions are quickly corrected. Our team also handles complex issues with a high success rate, ensuring maximum reimbursement and smoother claim processing.
All Claims Pursued
NextGen Billing Solution, doesn’t avoid small or low-probability claims. Our efficient system ensures reimbursement for every claim, helping reduce medical account receivables and improve overall cash flow.
Prioritization For Maximum Recovery
NextGen Billing Solution, we prioritize every claim to prevent expiration and apply the most efficient medical recovery methods to achieve the highest possible reimbursement.
Call or Email NextGen Billing Solution Today to See How We Can Help You.