{"id":1734,"date":"2022-03-26T06:24:17","date_gmt":"2022-03-26T06:24:17","guid":{"rendered":"https:\/\/www.ecareindia.com\/blog\/?p=1734"},"modified":"2022-03-26T06:28:27","modified_gmt":"2022-03-26T06:28:27","slug":"best-practices-to-recover-revenue-in-accounts-receivable","status":"publish","type":"post","link":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/","title":{"rendered":"Best Practices to Recover your Revenue in Accounts Receivable"},"content":{"rendered":"<div class=\"wp_plus_one_button\" style=\"margin: 0 8px 8px 0; float:left; \"><g:plusone href=\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\" callback=\"wp_plus_one_handler\"><\/g:plusone><\/div>\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.ecareindia.com\/accounts-receivable-management.html\"><img loading=\"lazy\" decoding=\"async\" width=\"735\" height=\"350\" src=\"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg\" alt=\"Accounts Receivable Management Solutions\" class=\"wp-image-1735\" srcset=\"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg 735w, https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable-300x143.jpg 300w\" sizes=\"auto, (max-width: 735px) 100vw, 735px\" \/><\/a><figcaption>Best Practices to Recover your Revenue in Accounts Receivable<\/figcaption><\/figure><\/div>\n\n\n\n<p>Recovering every single penny or collecting maximum reimbursement for the physician service rendered is the primary financial goal of every medical practice or physician. However, the crucial efforts are towards patient care and business growth; <!--more--> financial achievements and reimbursement from the insurance and patient collection are equally important to keep the business running successfully. Unfortunately, most practices and physician offices often let go of the financial goals owing to patient service and satisfaction, lack of staff management and time to get involved in meticulous details of the Medical Billing leading to revenue leakage. <\/p>\n\n\n\n<p>Medical Billing Staff should divert their efforts towards a higher first-pass rate to lower Accounts Receivables as low payments or denials incurs additional process charges to get the<strong><a href=\"https:\/\/www.ecareindia.com\/accounts-receivable-management.html\"> AR Follow up <\/a><\/strong>and <strong><a href=\"https:\/\/www.ecareindia.com\/denial-management.html\">Denial management <\/a><\/strong>team to get them collected which indirectly drains the practice revenue. This article is aimed to highlight the best practices to recover Account Receivables. <\/p>\n\n\n\n<p><strong>Timely Filing Limit: <\/strong>\u00a0Expedite claims processing focuses on same-day submission as the filing limit from almost all insurance companies start from the date of services and for appeals from the date of denials or rejections. Any delays in getting claim correction and re-submission can jeopardize the collection process and complicate AR Recovery.<\/p>\n\n\n\n<p><strong>Regular Analysis of Error and Denial Report: <\/strong>Even with the highest first-pass ratio it is crucial that every claim is monitored closely after submission until the due payments are completely processed, which helps track the denied and rejected claims without missing on them. The efficient and most suggested practice is to maintain a report of claims submitted and track with paid and denied claims closely to effectively work on AR recovery promptly.<\/p>\n\n\n\n<p><strong>Automated Claims Processing with Upgraded tools and technologies: <\/strong>Investments in tools to automate verification of ERAs and EFTs and Claims transmission reports to identify claims that need to be re-worked and re-appealed can help fasten the process and also avoid any miss. <\/p>\n\n\n\n<p><strong>Experienced and Expertise AR Follow and\nDenial Management Staff: <\/strong>Engaging\nexperts handling your claim denials and rejections can expedite the AR Recovery\nprocess with expected quality and financial results. <\/p>\n\n\n\n<p><strong>Outsourcing to an AR Recovery Partner: <\/strong>Any physician or medical practice struggling with AR Recovery or accumulated Old AR or aging AR needs to immediately lookout for an AR recovery expertise partner to avoid revenue loss by clearing the aging buckets within the time limits with maximum collections. Outsourcing to an experienced AR Recovery partner can help increase collections and reduce costs incurred to process them. <\/p>\n\n\n\n<p><strong>About Ecare<\/strong><\/p>\n\n\n\n<p>ecare is a premier Medical Billing and <a href=\"https:\/\/www.ecareindia.com\/revenue-cycle-management-company.html\">Revenue Cycle Management Company<\/a> serving around 100+ clients across the US. With our expertise and experience ecare guarantees to ensure best practices to recover AR Revenue. Leverage on ecare for reduces Account receivables and maximum collection. We can also work on Old AR clean- up process to help our clients earn the lost revenue. \u00a0To know more about Ecare and our services call 1-813-666-0028 Or login into www.ecareindia.com<\/p>\n<div class=\"wp_plus_one_button\" style=\"margin: 0 0 8px 8px; float:right; \"><g:plusone href=\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\" callback=\"wp_plus_one_handler\"><\/g:plusone><\/div><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<div class=\"wp_plus_one_button\" style=\"margin: 0 8px 8px 0; float:left; \"><g:plusone href=\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\" callback=\"wp_plus_one_handler\"><\/g:plusone><\/div><p>Recovering every single penny or collecting maximum reimbursement for the physician service rendered is the primary financial goal of every medical practice or physician. However, the crucial efforts are towards patient care and business growth;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n<div class=\"wp_plus_one_button\" style=\"margin: 0 0 8px 8px; float:right; \"><g:plusone href=\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\" callback=\"wp_plus_one_handler\"><\/g:plusone><\/div>","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[143,33],"tags":[252,250,162,251],"class_list":["post-1734","post","type-post","status-publish","format-standard","hentry","category-account-receivables","category-healthcare-revenue-cycle-management-2","tag-accounts-receivable-management-companies","tag-accounts-receivable-management-services","tag-accounts-receivable-management-solutions","tag-healthcare-accounts-receivable-management"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Best Practices to Recover your Revenue in Accounts Receivable - ecare Blog<\/title>\n<meta name=\"description\" content=\"Follow our best practices to optimize your healthcare accounts receivable management strategies, minimize billing errors and enhance your business growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Best Practices to Recover your Revenue in Accounts Receivable - ecare Blog\" \/>\n<meta name=\"twitter:description\" content=\"Follow our best practices to optimize your healthcare accounts receivable management strategies, minimize billing errors and enhance your business growth.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dean Smith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\"},\"author\":{\"name\":\"Dean Smith\",\"@id\":\"https:\/\/www.ecareindia.com\/blog\/#\/schema\/person\/577a4fa5cecf0940da80776760626a50\"},\"headline\":\"Best Practices to Recover your Revenue in Accounts Receivable\",\"datePublished\":\"2022-03-26T06:24:17+00:00\",\"dateModified\":\"2022-03-26T06:28:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\"},\"wordCount\":510,\"image\":{\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg\",\"keywords\":[\"Accounts Receivable Management Companies\",\"Accounts Receivable Management Services\",\"Accounts Receivable Management Solutions\",\"Healthcare Accounts Receivable Management\"],\"articleSection\":[\"Account receivables\",\"Healthcare Revenue Cycle Management\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\",\"url\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\",\"name\":\"Best Practices to Recover your Revenue in Accounts Receivable - ecare Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.ecareindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg\",\"datePublished\":\"2022-03-26T06:24:17+00:00\",\"dateModified\":\"2022-03-26T06:28:27+00:00\",\"author\":{\"@id\":\"https:\/\/www.ecareindia.com\/blog\/#\/schema\/person\/577a4fa5cecf0940da80776760626a50\"},\"description\":\"Follow our best practices to optimize your healthcare accounts receivable management strategies, minimize billing errors and enhance your business growth.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#primaryimage\",\"url\":\"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg\",\"contentUrl\":\"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg\",\"width\":735,\"height\":350,\"caption\":\"Best Practices to Recover your Revenue in Accounts Receivable\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.ecareindia.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Best Practices to Recover your Revenue in Accounts Receivable\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ecareindia.com\/blog\/#website\",\"url\":\"https:\/\/www.ecareindia.com\/blog\/\",\"name\":\"ecare India Blog\",\"description\":\"Blog on Medical Billing, Billing Outsourcing and Healthcare Billing\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ecareindia.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ecareindia.com\/blog\/#\/schema\/person\/577a4fa5cecf0940da80776760626a50\",\"name\":\"Dean Smith\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ecareindia.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9a22ea0080c7e867f431cd1bd8e468c4297376f909a7b8216199f7edcb0ac951?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9a22ea0080c7e867f431cd1bd8e468c4297376f909a7b8216199f7edcb0ac951?s=96&d=mm&r=g\",\"caption\":\"Dean Smith\"},\"url\":\"https:\/\/www.ecareindia.com\/blog\/author\/seovalley\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Best Practices to Recover your Revenue in Accounts Receivable - ecare Blog","description":"Follow our best practices to optimize your healthcare accounts receivable management strategies, minimize billing errors and enhance your business growth.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/","twitter_card":"summary_large_image","twitter_title":"Best Practices to Recover your Revenue in Accounts Receivable - ecare Blog","twitter_description":"Follow our best practices to optimize your healthcare accounts receivable management strategies, minimize billing errors and enhance your business growth.","twitter_image":"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg","twitter_misc":{"Written by":"Dean Smith","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#article","isPartOf":{"@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/"},"author":{"name":"Dean Smith","@id":"https:\/\/www.ecareindia.com\/blog\/#\/schema\/person\/577a4fa5cecf0940da80776760626a50"},"headline":"Best Practices to Recover your Revenue in Accounts Receivable","datePublished":"2022-03-26T06:24:17+00:00","dateModified":"2022-03-26T06:28:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/"},"wordCount":510,"image":{"@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg","keywords":["Accounts Receivable Management Companies","Accounts Receivable Management Services","Accounts Receivable Management Solutions","Healthcare Accounts Receivable Management"],"articleSection":["Account receivables","Healthcare Revenue Cycle Management"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/","url":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/","name":"Best Practices to Recover your Revenue in Accounts Receivable - ecare Blog","isPartOf":{"@id":"https:\/\/www.ecareindia.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#primaryimage"},"image":{"@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg","datePublished":"2022-03-26T06:24:17+00:00","dateModified":"2022-03-26T06:28:27+00:00","author":{"@id":"https:\/\/www.ecareindia.com\/blog\/#\/schema\/person\/577a4fa5cecf0940da80776760626a50"},"description":"Follow our best practices to optimize your healthcare accounts receivable management strategies, minimize billing errors and enhance your business growth.","breadcrumb":{"@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#primaryimage","url":"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg","contentUrl":"https:\/\/www.ecareindia.com\/blog\/wp-content\/uploads\/2022\/03\/Best-Practices-to-Recover-your-Revenue-in-Accounts-Receivable.jpg","width":735,"height":350,"caption":"Best Practices to Recover your Revenue in Accounts Receivable"},{"@type":"BreadcrumbList","@id":"https:\/\/www.ecareindia.com\/blog\/best-practices-to-recover-revenue-in-accounts-receivable\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ecareindia.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Best Practices to Recover your Revenue in Accounts Receivable"}]},{"@type":"WebSite","@id":"https:\/\/www.ecareindia.com\/blog\/#website","url":"https:\/\/www.ecareindia.com\/blog\/","name":"ecare India Blog","description":"Blog on Medical Billing, Billing Outsourcing and Healthcare Billing","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ecareindia.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ecareindia.com\/blog\/#\/schema\/person\/577a4fa5cecf0940da80776760626a50","name":"Dean Smith","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ecareindia.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9a22ea0080c7e867f431cd1bd8e468c4297376f909a7b8216199f7edcb0ac951?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9a22ea0080c7e867f431cd1bd8e468c4297376f909a7b8216199f7edcb0ac951?s=96&d=mm&r=g","caption":"Dean Smith"},"url":"https:\/\/www.ecareindia.com\/blog\/author\/seovalley\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/posts\/1734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/comments?post=1734"}],"version-history":[{"count":3,"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/posts\/1734\/revisions"}],"predecessor-version":[{"id":1738,"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/posts\/1734\/revisions\/1738"}],"wp:attachment":[{"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/media?parent=1734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/categories?post=1734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ecareindia.com\/blog\/wp-json\/wp\/v2\/tags?post=1734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}