AR Project
We are THE experts in behavioral health billing! We provide Revenue Cycle Management services for over 100 of the best substance abuse and mental health facilities across the country.
Our objective is to eliminate the mystery and frustration of the insurance process, so you can focus on your patients.
We have found the best way to earn business is through performance. Many facilities have an ever increasing Accounts Receivable, which becomes overwhelming and difficult to collect.
We have the expertise and resources to relentlessly pursue every dollar of every claim!
Here’s how it works:
- 1. Our senior analyst will provide an honest evaluation of your accounts receivable and provide input about probability of reimbursement.
- 2. Elevated will perform investigational research on each claim to determine the best course of action to obtain resolution.
- 3. Elevated will provide our process and plan to obtain resolution with realistic projections.
- 4. Comprehensive reports will provide transparency into your accounts receivable throughout the entire process.
Here are some of the results we have produced for our current partners.
Aging Account Receivables (90+ Days)
Total Amount of Outstanding Claims 90+ Days: $1,113,981
In the first 60 Days Elevated was able to resolve 321 of 567 claims, resulting in $173,310.90 in payments!
- Paid Claims: 145 or $173,310
- Denied Claims: 176 or $300,160
- Remaining Open Claims: 246 or $489,290
Current Accounts Receivable
Accounts Receivable Total: $3,087,218
In the first 60 days Elevated resolved 791 of 1,584 claims resulting in $933,947 in payments!
- Paid Claims: 560 or $933,947
- Denied Claims: 231 or $378,117
- Remaining Open: 793 or $1,590,958
Call now and let us get your claims paid!
The post Aging Claims: how to get them paid in behavioral health appeared first on Elevated Billing.
