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Our Revenue Cycle Management services got you covered from medical billing and coding to denial management. Focus on patient care, leave other burdens to us!
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Accounts Receivable Analysis & Recovery Services

Transform your Accounts Receivable experience with Medmax to improve AR collections, get reduced cost-to-collect, reduce AR days, and increase ROI.

  • Minimize AR Losses
  • Improved Collection Ratio
  • Efficient-Aged AR Recovery
Providers Served
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Medical Billing
Medical Coding
A/R Analysis & Recovery
Zero Balance Audit & Recovery
Denial Management
Provider Credentialing
Hospital Billing
Staffing and Workforce
Finance & Accounting Services

Revive Your Finances with Expert Accounts Receivable Recovery Services

Medmax provides a full spectrum of AR recovery and analysis management services, including the recovery of overdue revenue from old AR accounts that have been inactive for more than 120 days. Even with accounts that were assumed to be lost, our approach has proven to be incredibly effective at maximizing recovery. All practices and hospitals struggle to keep up with a growing number of outstanding insurance claims due to a lack of internal collection employees. Medmax understands this challenge and provides many AR collection and AR recovery services to help hospital business offices expand their capacity.

Account receivables in medical billing are of great significance and medmax understands this well. Our team pays special dedication to ensure no claim is rejected or underpaid due to lack of follow-up. Our expert collectors and audit recovery team appeal each claim after correcting or clarifying it to get the insurance or government payer to rethink payment. We analyze claim denials and rejections to detect recurrent reasons and completely eradicate them from your revenue cycle management system.

We assist not only in clearing the backlog of outstanding claims while offering useful input on the reasons for payment delays and initiatives that may be done to minimize future delays.

Expert-Accounts-Receivable-Recovery-Services
Yinka Oyekunle
Yinka Oyekunle
Practice Manager
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Medmax Tech Inc. has provided us with incredibly professional, timely, consistent and efficient services. I highly recommend them and want to give a particular shout-out to Jose Parker for his very knowledgeable, committed and impeccable service.
John Warwick
John Warwick
Manager
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I've worked with Medmax for multiple years and have only positive things to say. They do a great job. Are always reliable and available, and handle all our billing revenue cycle management needs with exceptional diligence. Highly recommend!
Wendy Krepp
Wendy Krepp
Gynecologist
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Working with MedMax has simplified and streamlined my billing processes and revenue cycle management. It has freed up my staff to concentrate on what is most important which is growing my patient practice.
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We Would Love to Respond



    Why Outsource Your AR Services To Us?

    Unpaid insurance claims might affect your financial health. Every year, an increasing number of outstanding claims has a significant impact on hospitals and healthcare systems, costing some providers millions of dollars.

    However, by outsourcing medical billing services and AR recovery services to Medmax for our revolutionary accounts receivable collection, and AR revenue increase healthcare providers can relax to focus on providing high-quality patient care. We offer AR medical billing recovery services as a standalone service, unlike the majority of medical billing companies that only offer AR recovery solutions as part of a revenue cycle management package.

    Claim Correction & Resubmission

    Data-Driven AR Management

    Boost Collection & Cash Flow

    In-Depth Analysis of AR

    Regular Claim Follow Ups

    Small Balance Recovery

    FAQs

    Yes. Our advanced AR recovery methods and solutions help us analyze numerous Accounts Receivables at once. This shortens the turnaround time.

    It takes time, effort, and constant follow-up to recover from aging AR. If you don’t have the time or finances, your best bet is to hire an old AR recovery service. We have the knowledge, resources, and systems in place to help you save money.

    Understanding your revenue cycle management plan helps you comprehend the accounts receivable (AR) recovery process.

    Modern hospitals and health systems use complicated methods to manage insurance and finances. This highly calibrated system would always match the right billing codes to guarantee that insurance claims are handled and paid on time, in full, with no patient or office staff irritation.

    In reality, things go wrong. Insurance claims are reviewed in accounts receivable recovery to make sure the hospital or health system was properly compensated and paid in full.

    Accounts receivable recovery checks insurance claims for compliance. Our team uses cutting-edge technologies and payment and auditing knowledge to identify claims processing issues.

    Our AR collection method can target specific payors, claims, or service lines. We can aid with individual insurance claims and eliminate the paperwork backlog that’s delaying your administrative system and stressing your administrative personnel. Most significantly, our methodology is forward-focused. We not only collect insurance claims but also identify the issues that created them
    Our collectors comprehend patient management systems and billing codes to maintain your revenue management system.

    The impact of unpaid claims on income is not limited to the bottom line. When you and your employees are sidetracked by administrative responsibilities and insurance paperwork, your important patients suffer.

    Unless your healthcare system has an internal collections department, the responsibility of resolving accounts receivable recovery, insurance claims, and other crucial parts rest on other administrative staff. Thus, outsourcing medical billing company will help you with such administrative tasks.

    An AR recovery service is a type of financial service that helps businesses recover outstanding payments from their customers or clients. These services can help improve cash flow and reduce the amount of bad debt on a company’s books.

    An AR recovery works by contacting customers or clients who have outstanding payments and reminding them of their obligations to pay. The recovery service may use various methods such as phone calls, emails, and letters to communicate with the customer. If necessary, the recovery service may escalate the matter to legal action.

    Any business that invoices customers or clients and has outstanding payments can benefit from an AR recovery. This includes businesses in a wide range of industries, from healthcare to retail.

    The timeline for recovering payments can vary depending on the specific circumstances of each case. Some payments may be recovered quickly, while others may require more time and effort. However, an experienced AR recovery service can typically provide an estimate of the timeline based on the information provided.

    It is possible for businesses to try to recover payments on their own, but this can be a time-consuming and often frustrating process. An AR recovery can provide the expertise and resources needed to recover payments more efficiently and effectively.

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