A pending backlog of aging accounts receivable is a big worry area for many hospitals at present. Finding a viable solution that can help providers manage their practice management efforts and ensure a streamlined RCM approach is a major pain area for a large segment of hospitals.
Improper mode of payments, rising A/R bucket with aging accounts receivable can hinder the process of securing money and rise of the costs of operations for a huge chunk of hospitals.
Outsourcing of hospital accounts receivable to a quality medical billing and collections company of experience can be an excellent option. It gives a hospital the flexibility of focusing on care management while reducing costs of operations simultaneously.
A next-gen revenue cycle management company that has the experience can implement the right checks and balances. It helps in reducing expenses, improving collections, and helps a provider collect money on time.
Sunknowledge extends a promising support
One of the advantages of working with Sunknowledge is an extensive understanding of the best practices of the industry and offering streamlined support. We take pride in working with both payers and providers and currently serve some of the largest insurance plans with our adjudication services.
Right from entering patient information, checking the eligibility, securing the prior authorization, submitting the claims on time, getting the denials worked upon, and collecting your aging accounts receivable, we are a one-stop solution.
Our stand-alone hospital accounts receivable services are available at just 1% of collections. Our process involves a robust process of follow-ups with the same attention given to every cash size or source. We believe in working as a complete operational arm for some of the largest hospitals in the country.
Let our team give you a complete picture of what difference we bring to the table. Sunknowledge knows what it takes to elevate your practice management efforts and reduce your pending backlogs of hospital accounts receivable with trust and excellence. Our team is just a call away from you! Know more about how we make a genuine difference in your payables with our disciplined assistance.
Sunknowledge Services Inc. – an ISO 27001:2022 certified, American-owned & operated company, headquartered in New York City – is a leading global provider of Business and Knowledge Process Outsourcing services in the US healthcare domain.
