Strategies to Improve Account Receivable Management
                     Strategies to 
Improve Account 
Receivable 
Management
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Introduction
 Effective account receivable management strategies are a crucial part 
of running an effective healthcare practice. 
 An improving and streamlined account receivable process carries many 
advantages to the table. 
 It also impacts the overall medical billing operations. 
 By adopting an efficient strategy, dramatic improvements result in the 
account receivable process and provide exciting benefits for the 
business. 
 Let us discuss some of the strategies to improve 
account receivable management.
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Analyze Your 
Accounts Receivable 
(AR) In Detail
 Looking at a rapidly developing heap of account 
receivable will just put you on the road to success. 
 For that, we recommend analyzing your account 
receivables. 
 During the analysis, first, you have to measure the 
“days in AR” which means the average number of days 
required to collect the payments due to the practice. 
 Also, you need to measure the aging bucket for 
instance 0-30days, 31-60days, 61-90days, etc. 
 These factors help you to track progress with older 
bills.
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Prioritize Insurance 
Eligibility 
Verification
 Prior insurance verification is one of the strongest indicators of AR.  
 Checking the patient’s insurance eligibility and coverage is the 
essential step in keeping up the financial growth of the medical 
practice. 
 There are various ways to verify eligibility, namely: on the payer site 
by utilizing software and third-party products to gather detailed 
information. 
 During the insurance eligibility verification following details are also 
checked.
 Insurance coverage details like coverage  date, in-network or out of 
network coverage Whether is it Co-pay amount
 If it is Deductible amount and how much has been met up until now
Identify the Denial Reasons
 To improve the billing collections, identify 
the most common reasons for claims 
denials. 
 Below listed are few possible reasons for 
claims getting denied:
 Incorrect information from the patients
 Charge Entry mistakes
 Registration data error
 Claims Duplications
 Pre-authorization errors
 Lack of medical necessity documentation
 Bundled or Non-covered
 Credentialing and documentation errors www.ecareindia.com
Outsource Account Receivable 
Management
Medical billing outsourcing company provides end-to-end medical billing 
services for physicians. 
They use the latest, technologies to optimize business performance.
Benefits of outsourcing the Account Receivable Management.
 Identifies denied claims, unpaid claims, and low payments
 Improves cash flow 
 Minimize accounts receivable days
 Ensure error-free claims submission
 An efficient follow-up to settle outstanding claims and dues
 Reduce medical billing and coding errors
 Processes medical claims faster
 Improves billing collection rates
 Saves operational cost
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About 
Us
 Looking for 
medical billing companies in India? 
 e-care is the best medical billing 
outsourcing company. 
 We achieve effective revenue cycle 
management for your business. 
 To know more about our services visit us 
www.ecareindia.com
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THANKS
Call Us: 813-666-0028
Visit Us: www.ecareindia.com
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