AGED ACCOUNTS RECEIVABLE MANAGEMENT

 

Madix PSC Aged AR Management is offered in three basic levels of service.

 

Retrospective Solution

The Madix PSC Retrospective Solution Aged A/R Management incorporates a review of a deep representative sample of records for the previous 365 days. Highly-trained, seasoned, and certified Madix PSC billing specialists will review filed charges, check the filing for accuracy and completeness, and re-file any missed A/R on behalf of the client, educate the client on coding errors (if found), and manage any outstanding A/R and/or denied claims.

Annual Audit

The Madix PSC Accounts Receivable Management Annual Audit is a regular service that takes a random sampling of provider reports and reviews them for accuracy, completeness, billing and reimbursement, and compliance. This service is offered either retrospectively or prospectively. This service can be performed on a monthly, quarterly, or biannual basis (as per provider request). Upon completion, an in-depth results report, along with a corrective action plan, will be sent to the client. Discussion and explanation of the results and action plan will be available during regular business hours.

PRN Random Audit

The Madix PSC PRN Random Audit Service offers all of the services and activities normally offered in the Annual Audit service on an as needed basis.

 

ACCOUNTS RECEIVABLE MANAGEMENT SERVICE

The goal of the Madix PSC Complete Accounts Receivable Management Service is to capture every dollar due to our clients.

Madix PSC, based and operated in the United States, uses state-of-the-art hardware and software, certified professional coders, seasoned practice management specialists, and a highly-talented in-house IT staff to provide the absolute best quality and service available. Regular review and account audits and a “practice partner” mentality further enhance our services.

Insurance claim filing, denial management and reduction, patient billing, appeal review, compliance review and auditing, collection suggestions, encounter form development, demographic capture, practice workflow analysis and suggestions, and practice revenue maximization are just some of the features of our Accounts Receivable Management Solution.

The Accounts Receivable Management Solution will be tailored to fit the specific needs of our clients.