Accounts receivable is a vital aspect in calculating cash flow, and managing A/R ratios which require experience and in-depth knowledge for maximizing returns. Statistics from the healthcare industry demonstrate that substantial amounts of money are lost annually owing to inefficient accounts receivable management. Accounts receivable include the monitoring of many reports about insurance claims and reimbursements, collection analysis, bad debt evaluations, and write-offs.

Incomplete claims or delayed collections may place significant strain on an otherwise prosperous practice. Since even the smallest mistake may result in a claim denial, changing insurance coding procedures might delay payment. Claim Submission must be accurate and efficient for a medical practice or hospital to get reimbursement. The revenue cycle of a healthcare service begins with medical coding and medical billing; improper coding and billing can result in underpayments or claim rejections. And that’s where Applite Solutions Medical Billing service comes in with a pool of experienced medical billers and medical coders. Our focus is maximizing the ROI for healthcare providers and ensuring accurate and faster reimbursements.