Accounts Receivable (A/R) Management:
- A/R management is crucial for the financial stability of healthcare practices.
- It involves tracking claim outcomes, identifying mistakes, and implementing effective procedures to recover payments and clear outstanding A/R.
- Early denial notice prevents claims from becoming untimely for appeals or corrections.
Efficient A/R & Denial Process:
- Effective A/R and denial management directly impact a healthcare organization’s profitability.
- Vcare Doc aims to improve cash flow, reduce A/R days, and minimize unwarranted write-offs.
- The process includes initial claim evaluation, prioritization, and collection efforts.
Denial Management Strategy:
- The typical claim denial rate in healthcare is 5% to 10%.
- Vcare Doc has a dedicated team to identify denial causes, revise and resubmit claims, and appeal when necessary.
- Data shows that 63% of denied claims are recoverable, but up to 65% are never resubmitted.
Benefits of A/R & Denial Management:
- Timely reimbursements
- Reduced denial rate
- Operational efficiencies
- Sustained cash flow
- Access to skilled resources
Medical Billing Services:
Vcare Doc ensures your billing is done right the first time.
They empower your practice with prompt billing services, resulting in hassle-free operations.
Achieve a remarkable 99% clean claim submission rate and 100% HIPAA compliance.
Experience integrity-driven revenue growth of up to 30%.
Precision-Driven Billing:
Maximize claim approvals and minimize rejections through meticulous billing services.
Vcare Doc covers end-to-end claims, from insurance to patient responsibility.
Medical Coding Services:
Stay updated with the latest coding standards to ensure zero discrepancies and 100% compliance.
Medical Credentialing & Enrollment:
Seamlessly enroll and credential with top insurance entities, expanding your patient base.
Front Office Management:
Revitalize your front office using the latest tools and technology for enhanced patient care and satisfaction.
Revenue Cycle Management (RCM):
Streamline healthcare billing for prompt, accurate payments.
PCMH Services:
Patient-centered, coordinated care for better health outcomes and cost-efficiency.
Why Choose Vcare Doc?
Bespoke Solutions: Vcare Doc tailors services to meet the unique requirements of each specialty, ensuring optimum results.
Expertise and Insights: Their industry experts understand the complexities of healthcare revenue cycle management, optimizing your practice’s financial health.
Innovation: Vcare Doc stays at the forefront of technological advancements and industry best practices.
Dedicated Support: With dedicated account managers we provide support throughout your revenue cycle journey.