Credit Balance Review

A credit balance review by Vee Technologies resolves any credit balances that may have occurred during a billing cycle. A credit balance review is required and regulated by law. If accounts receivable reports have unresolved credit balances, it would result in revenue reports being miscalculated. Failing to reimburse any overpayments could also result in a fine. Multiple fines could result in serious financial non-compliance issues. All of this can easily be avoided through a professional credit balance review by Vee Technologies.

Our automated processes parlayed with our seasoned experience ensure that every payment, credit, and adjustment is checked systematically daily. Whether it's a coding error, patient estimation error, incorrect billing, or payment duplications, Vee Technologies drives to closure.

Vee Technologies credit balance review services ensure that our clients' stay within the regulations and the law while protecting revenue.

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.