Return to site

A Company That Excels in Nursing Home Accounts Receivable Management

· Nursing Home AR
broken image

Sunknowledge Services Inc, the medical billing and revenue cycle management company of the United States of America, that started in the year 2007, has been a pro with revenue recollection of the medicine industry. It has worked with all the top clients in the medicine circle of the states, which includes DMEs (Durable Medical Equipment), Prosthetics and Orthotics, Rehabilitation Centers, Radiology, Oncology, Urgent Care, Family Practice, Pain Management, Skilled Nursing Facility, Diabetics, and Long Term Care. Nursing Homes belong to the long-term care units, which cater to the patients needing prolonged medical attention for different reasons.

Nursing Home Accounts Receivable means a special procedure to be followed for successful claim adjudication. It includes the following.

  • A/R analysis: The accounts receivable experts of Sunknowledge use their conclusions derived from their years of experience, along with case-specific information to solve A/R cases. It is seen that 14% of the claims submitted are denied and have to be re-submitted, appealed against or written off by the providers,50% of the denied claims are never re-filed, 50-70% of the denied claims have a higher chance of recovery.
  •  Payer follow up: Follow Ups are very important as A/R is recovered only after constant confirmation of status. It is done either online through insurance company websites, Interactive Voice Response (IVR) or direct meeting with insurance company representatives.
  • Claim adjudication: Closure of claims after successful optimum recovery.

The essential highlights of our A/R recovery services are as follows

  • Up to 97% A/R collections
  • Reduction of billing cost by 70%
  • Free medical billing software
  • Real-time eligibility checks and fast authorization
  • 100% HIPAA and HITECH compliance
  • Claim status analysis using Rapid Automation Technology
  • Turnaround time less than 48 hours
  • Low service fees with no hidden cost
  • Zero lock-up period service contract
  • Superb references from clients across the states
  • Real-time audits and custom reporting
  • Free 30 day trial period with no binding contracts for the first 30 RCM customers

Visit us at www.sunknpwledge.com to know more about us.