Accurate and Compliant Billing
Typically, for many practices in-house office staff handling AR management often leads to high claim denial rates, delayed payments, and increased bad debt, which can negatively impacting your practice's financial health. Our team of AR specialists uses advanced technology and streamlined processes to tackle these issues, ensuring timely claim follow-ups, effective denial management, and clear patient billing.
At Reliance Medical Billing Services, we know that managing accounts receivable (AR) efficiently is vital for your practice's financial well-being. Our comprehensive AR Management Services are designed to streamline your revenue cycle, reduce outstanding receivables, and enhance your cash flow.
Our hybrid pricing model is a game-changer compared to traditional "percentage fee of collections" agreements. Instead of paying a percentage of your collections, our model combines a flat fee with performance incentives, offering better value and potential savings of up to 30% annually on billing costs. Our hybrid pricing model is a game-changer compared to traditional "percentage fee of collections" agreements.
Instead of paying a percentage of your collections, our model combines a flat fee with performance incentives, offering better value and potential savings of up to 30% annually on billing costs.
How does our hybrid model deliver more timely insurance reimbursements and higher payment levels on outstanding accounts receivable within 60 days? It's all about performance. By incentivizing our team to achieve faster and higher collections, we ensure that your practice receives reimbursements more quickly.
This approach leads to payment levels that are as much as 20% higher than those achieved through typical "fee for collections" service agreements from other third-party billing companies.
With Reliance Medical Billing Services, you can expect improved cash flow and enhanced financial stability for your practice.
Accurate and Compliant Billing
Professional Communication
Seamless Billing Experience
Customer engagement matters