CASE STUDIES
What Our Customers Have to Say
CASE STUDY 1: A Mental health & substance abuse service provider located in New York, USA
Managing AR rejections/denials proved to be a vital task for a growing number of reasons. The client had to tackle issues like:
- Claims filed to incorrect payers which affected the TFL & Appeals
- Claims are not being filed to IPA directly
- Timely filing has exceeded, etc
All these made the claims process slow and had an impact on provider’s revenue
Challenge:
Collecting the maximum revenue within the minimum time period. The foremost challenges were to identify the appropriate timely filing limit
- Identify the appropriate appeal limit
- Evaluate the extent of a global issue which had an impact on other accounts
- Understanding the importance of documentation
Solution:
To address problems in specific workflows we tried the following:
- Identify the correct payer to avoid incorrect filing
- Rectify errors with the correct insurance information
- Cross-check for errors across different accounts of the client’s health system
Once these were identified, rectified & addressed, we developed a customized solution to the client and ensured to send an update on the global issues periodically in order to bring quick revenue to the provider
Benefits:
With the help of our services the client was able to see the following changes to the AR process:
- Simplified AR work flow
- Correct rejections/ denials with up-to-date matching with information
- Reduce returned claims by 10 – 15% with accurate processing of insurance information
- Improve collections and payments by 15 – 20%
- Reduce risk levels
- Reduction in stress level of employees at client end
CASE STUDY 2: An Anesthesia & Pain management service provider located at Indiana, USA
Challenge:
The client was managing 500+ claims per month, and faced stiff billing challenges for the following reasons:
- Errors due to incorrect patient information/ provider credentialing etc
- Errors due to incorrect/mismatched/absent codes
- Documents - Errors due to inappropriate medical records (Patient/ provider)
On top of these the client often had to contend with issues like poor documentation and duplicate billing and as a result decline in collections. So, the client approached us to make major changes to improve their AR
Solution:
We took the following initiatives to improve the productivity and collections of AR:
- We provided the client with a dedicated team and account manager to handle the provider's account
- We developed an effective AR process and medical billing process to ensure the level of AR process is maintained
- We addressed various issues with multiple insurance companies in order to get them resolved
Once these were identified, rectified & addressed, we developed a customized solution to the client and ensured to send an update on the global issues periodically in order to bring quick revenue to the provider
Benefits:
Our clients were able to access see the following benefits with the solutions we offered:
- We brought down the average AR days by 15%
- We increased collections by 10 – 15% percentage
- As we are into complete RCM, our client were able to concentrate on other areas for increasing business
- Accounts backlog were kept under control
- We maintained a balance on both quality & quantity and ensured this was maintained throughout the RCM process
CASE STUDY 3: A Family Practice service provider located at Indiana, USA
Large unattended denials and increased AR
Challenge:
To analyze and reduce major denials faced by our denial team
- Detail review of the denial management system
- Identify the commonly occurring denials & prioritizing to address within the appeal limit
- Evaluate the extent of a denial which impacts revenue
- Understanding the importance of documentation
Solution:
We took the following initiatives to improve the collections of AR & reduce the denials
- We analyze the reports month on month and compare the denial ratio
- Find out the root cause of the problem so that the same type of denial does not occur in future
- Identifying the GLOBAL ISSUES so that the action on 1 claim results in action on several other claims
- Ensure the AR does not go out of control
- Our team addressed issues with the insurance company and got them resolved within the turn around time
Benefits:
Our clients were able to see the following benefits with the solutions we offered:
- Every denied claim was appealed quickly and well before the time line for making the appeal
- Reasons for denials, rejections and low payments were investigated and we made sure the appropriate corrective and preventive actions were taken
- EOB’s & other resources were utilized properly to track the appropriate denial and actions were accordingly
- We were successful with payments from older aged payments from several payers
- Decreased backlog of denials