MOS - US based Business Process Outsourcing Managed Outsource Solutions
Medical Old Accounts Receivable

MOS: Outsourcing of Old Accounts Receivable and Collections

Is your AR, Insurance receivables in your medical facility getting old? Writing off accounts? Old account smothering your practice and you do not have time or resources to handle them? How a very good cost effective option? Do not write off, we can help. Even if the accounts are 5 years old; if it is collectible we will appeal and collect them for you. Medical or Insurance accounts receivables is a common problem within medical facilities ranging from one physician practices to hospitals. Many a time medical groups do not focus on effective A/R and collections and find themselves in crisis management without sufficient resources to meet financial needs. It does not matter which state you are in we can help. Our outsourced team of insurance collectors can help you get back in track.

Customize your need, tell us how fast you want it collected and we will put resources accordingly. Our strategy is already working in other medical billing and collection scenarios, through outsourcing, these offices are saving money as well as seeing increased productivity. Managed outsource solutions provides you with a low cost, effective, productive, and customizable solution to your accounts receivable challenge. We are an outsourcing company with resources abundant and already providing AR collections to old and new receivables.

What is the cost?

While outsourcing old medical accounts receivables there are several areas that we look in to before we start working on the accounts. Our charges or pricing depends on those factors. Some of these factors are

  • Aging (we break them down to30 to 45 days and older, 90 days and older, 1 year to 2 years. 2 years and older)
  • In network or out of network
  • Specialty
  • State
  • Break up of insurances or payer distribution ( Medical, Workers compensation Major med and so on)
  • Total AR
  • Time frame for collections
We understand the every medical facility is different and we need to provide due diligence in maximizing your reimbursement. When you outsource old medical Insurance AR we expect you to be providing us with the following.
  • Access to your software and reports. We use state of the art VPN for HIPAA regulations and safety.
  • Access to your staff
  • Access to your medical records through your staff
We are more successful when we are given feedback and help from you office as well. Being an outsourcing firm our limitation maybe gathering medical records from your office. To understand how we normally work in medical billing and collections please go to our medical billing-how does it work page.

Why MOS? Why outsource old medical accounts receivables to us?

  • We are a US company with offshore interests which are managed by our teams to provide you with the best possible service at a minimum of 30 to 40% cost savings.
  • We follow strategic management of AR through our analysis team, calling team and resolutions department.
  • We evaluate analyze reimbursement issues and then follow up. We can handle accounts from 30 days forward.
  • Manpower resources are our strongest point and we can follow up insurance companies with phone calls making sure that no account ever falls through the cracks.
  • Our AR collectors have several years of experience in the medical billing and collection industry and have been specifically trained on medical reimbursement issues. They are trained on specific skill sets and specialties and hold a minimum of bachelor's degree.
  • Our AR team is supported by AAPC certified coders and financial analysts.
  • We are experienced in several medical billing software including Lytec, Medic, Misys, Medisoft, Inception, NextGen, IDX and other EPM (electronic practice management) and EMR (electronic medical record) software.
  • We have experience working with several 100 s of insurance companies including Aetna, Oxford, United, Hip, GHI, BCBS, Medicare, Medicaid, Humana, EMI, No Fault and Workers Compensation.
  • We strategically analyze and prioritize the work with your office.
  • We work as an extension to your practice not as an outside medical billing and collection company.
  • We manage the solution according to your needs and turn around time.
  • Due diligence. You will get weekly and monthly reports which will include non payment patterns, global pending issues, work progress, procedure code analysis, insurance analysis, cash collections analysis and expected collection reports and so on.
Contact us to get more information or to try us with no obligation free trial analysis and follow up.