|
|  | Chad Bixler
Business Development | |
Case Study: Lower Receivables "SMB really works the Accounts Receivables (Aging). This has dramatically increased my revenue. Thanks, SMB" - Current SMB Client In this newsletter, I would like to highlight a case study conducted on one of our clients. The situation took place at a podiatry office with the Doctor and Office Manager. At the Practice, the critical issue was the large amounts of money tied up in accounts receivables of over 90 days was deemed unacceptable. The Practice's government and insurance payors as well as patients were not promptly paying the Practice. The reasons for this were many and varied. They included: the Practice had trouble routinely and consistently contacting the payors; the Practice was at a severe disadvantage when trying to aggressively negotiate with the payors on disputed EOBs; errors that creeped into the system were not discovered for 90 days or longer; etc. Exacerbated, the Doctor and Office Manager concluded they needed a service that tracked the status of all reimbursements within their account receivables and took immediate action if the process for payment to the Practice stalled at any moment. Fortunately for the Practice, SMB provides all of these capabilities. SMB achieves this low A/R rate by; - Expert podiatry medical billers who
- Monitor your use of codes and modifiers
- Process your claims
- Provide you with expert answers to your questions
- Severely limiting write-offs
- Aggressively pursuing past due accounts
- In-depth knowledge of every payors' reimbursement practices
SMB delivered positive results for the Practice. In fact, SMB has reduced the Practice's outstanding 90 day account receivables balance to less than 3% of the Practice's total reimbursements. If you would like to talk more about how SMB reduces your Accounts Receivables please contact me by email or phone at 1-888-874-5503. | 
