Our Accounts Receivables services is on a partial scope or as part of the full cycle process. Analyzing the account for unpaid, low-, paid, slow-paid, and following up with insurances for payments are also our responsibilities. We also liaise with attorneys, DME providers, and other such ancillary service providers to resolve payments.
Unlike most service providers, we are incentivized by collections. We are not just interested in “working” the AR, we endeavor to move the claim to payments with our every touch. Most of your past experiences may have involved a poor ROI on follow-up dollars spent. Quintessence’s Accounts Receivables services will definitely be a positive change.
This is why when others still measure aging and age (important nevertheless), we are chasing touches to pay, dollars per touch, and wasteful touches that are real indicators of the efficiency of the AR work.
Most of the revenue is actually stuck in this stage. With the never-ending follow-ups and the long hold of IVR calls providers often do not realize the revenue leakages happening here. The best of resources are needed to get the maximum collections. Quintessence’s AR workflow automation platform Reimburssence – is a supporting assist technology that helps follow-up staff gather the right information during calls and appropriate proven actions to maximize work.
Our Accounts Receivables services includes incisive allocation algorithms, prioritization, deep analysis of your AR, payer behavior, and domain expertise allow effective intervention at the optimal time for maximum benefits.
Our process extracts “outcome intelligence” from the claims worked to feed best-in-breed practices for every type of denial and payer. This is valuable in bundling and preventing truant claims and reducing future similar instances.
Identify claims in AR that require follow-up with payer
Follow-up with insurance on claim status
Old AR recovery services
Reports and Insights on paid, unpaid and partial paid claims
Compile claim information to create follow-up guidelines and procedures
Our deep analysis and insights, coupled with timely follow-up with payers and specialized old AR recovery services, contribute to improved financial outcomes for your practice. We provide customized reporting and insights, empowering you with the information needed to make informed decisions and optimize your collections strategy.
Partnering with Quintessence guarantees not only proven results and increased revenue but also peace of mind knowing that your accounts receivables are in the hands of a dedicated and experienced team. We are committed to delivering exceptional service, transparent communication, and measurable value for your practice.
Quintessence specializes in accounts receivables management services, utilizing our extensive knowledge and experience to maximize collections and reduce revenue leakage.
Unlike many service providers, Quintessence is incentivized by collections. Our focus is not just on working the AR but on achieving actual payments, ensuring a positive return on investment for your follow-up dollars.
Our AR workflow automation platform, Reimburssence, streamlines the process and supports follow-up staff with the right information and proven actions, improving efficiency and maximizing collections.
Quintessence employs incisive allocation algorithms to prioritize and allocate resources effectively, ensuring optimal follow-up and intervention at the right time for maximum benefits.
Our team conducts a deep analysis of your AR, payer behavior, and domain expertise to gain valuable insights. These insights enable us to implement best-in-breed practices and preventive measures to reduce future instances of similar denials and improve overall revenue performance.
We proactively follow-up with insurance companies to track claim status, identify claims requiring attention, and expedite payment resolution. Our dedicated team ensures timely and persistent communication to accelerate the collection process.
Quintessence provides specialized services for recovering old accounts receivables. Our experienced team works diligently to recover outstanding payments, reduce aged AR, and improve your financial position.
We offer comprehensive reports and insights on paid, unpaid, and partially paid claims. These reports provide a clear overview of your AR status, enabling you to make informed decisions and take appropriate actions to optimize collections.
Quintessence effectively liaises with attorneys, DME providers, and other ancillary service providers to resolve payment-related issues, ensuring comprehensive AR management.
Quintessence’s accounts receivables management services have a track record of delivering proven results. Our expertise, proactive approach, and focus on maximizing collections lead to increased revenue for your practice.