Healthcare providers experience long receivables cycles that can delay revenue, destabilize cash flow, fatigue billing teams, and frustrate financial management teams. These problems are further compounded by denials. To address these issues, Vee Healthtek’s accounts receivable (AR) and denial management offerings incorporate technology and best practices to enable accurate reimbursement of claims.
Our AR solution helps healthcare organizations clear backlogs by tracking adjudication statuses, detecting errors, and implementing efficient workflows. By deploying automation and advanced application programming interfaces (APIs), we quickly check credit balances, highlight discrepancies, and reveal underpayments.
For denials, our dedicated team expertly analyzes and reworks denied claims to facilitate payment recovery. Using robotic process automation (RPA), we identify opportunities for denial prevention to develop strategies for submitting future claims. Unburdened by contacting payers, preparing appeals, and resubmitting claims, your staff will be able to focus on more important tasks.
AR management is a vital function that ensures unpaid or unprocessed claims are addressed as efficiently as possible. Leveraging Vee Healthtek’s AR and denials management solution is a decisively swift way to achieve significant, tangible, and accurate returns. The result is reduced delays, enhanced cost-effectiveness, and faster reimbursement.
