Build the Bottomline.
Effectively managing billing and the revenue cycle is crucial for the financial health of medical organizations. This requires continual attention and new insights to address the complex and changing needs of the healthcare landscape.
Each step of the revenue cycle process – from coding and billing to payor submissions and collections– requires specialized skills and expertise to fully collect income earned and overcome the issues that delay payment. Most healthcare organizations simply do not have this experience on staff.
Complicating the issue are the hours of staff time required to complete these tasks, depleting budgetary resources and resulting in higher uncollected balances. In addition, team members have other responsibilities, creating distractions from revenue cycle management and accelerating bottomline impact.
Enter Anderson & Lohr. Our credentialed, highly-experienced team handles every aspect of revenue management from initial contact to collection of income earned. Working with us, the efficiency of the billing process increases. This means a lower average cost per dollar collected than can be achieved in-house. Plus, we get paid only if you get paid. It’s our guarantee. These are a few of the reasons healthcare providers in all specialties have chosen Anderson & Lohr as their billing partner.
Medical billing and revenue cycle management services include:
- Reimbursement and accounts receivable management
- Revenue aging management
- Denials and re-submissions
- Auditing and reporting
- Compliance
- Collections and recovery
- Medicaid, Medicare and private payor billing