Account Receivable & Collections

Healthcare providers experience long receivable cycles that delay revenue, destabilize cash flow, fatigue billing teams, and frustrate financial management. These elements are further compounded by claims denials. This process can be significantly improved through Vee Technologies accounts receivable and collections services. Our team deploys a systematic and meticulous follow up process that ensures accurate reimbursement of claims.

A/R management is a vital function of physicians and hospitals to ensure that unpaid claims are addressed. Taking a strategic approach to accounts receivable management is a decisively swift way to achieve significant, tangible, and accurate returns.

Vee Technologies will:

  • Use automation & rule building to avoid AR inflation.
  • Employ workflow optimization.
  • Use a focused approach towards increased resolution & collections with minimal touch by the AR team.
  • Analyze practice & hospital performance and share the dashboard with all the metrics covered under one roof.
  • Provide timely follow up and submission of claims to avoid claims getting adjusted under timely filing scenarios.
Blog

5 Ways Healthcare Organizations Benefit from Remote Coding

Healthcare organizations require a high degree of accuracy in medical coding in order to keep their revenue cycle management systems running smoothly. From ensuring compliance with state and federal regulations, to making sure that reimbursements are paid on time and to the maximum, medical coding is the backbone of every healthcare organization’s financial health, whether it’s a small physician group or a large hospital.
Case Studies
High Aged And Complex AR
The Client: A leading, multi-specialty medical group and health system, this customer has multiple outpatient specialties with 300+ physicians. Approximately $600M+ in charges and $170M+ in collections annually.
Coding Auditing RAC - Health System
Client Details: For a major health system with multiple hospitals located across the state, Vee Technologies provides various services including Coding, Auditing, and RAC (Recovery Audit Contractor) review.