Old AR Recovery
Unlock revenue tied up in aging receivables with MedAxis MBS. We help healthcare practices investigate long outstanding balances, follow up on unpaid claims, and pursue collectible payments to improve cash flow and reduce revenue loss.
Turn Aging Receivables into Revenue Opportunities
Unpaid claims and overdue balances can accumulate over time, creating financial pressure and making revenue harder to collect. The longer receivables remain unresolved, the more challenging it can become to identify the cause of nonpayment and determine the appropriate next steps.
MedAxis MBS helps healthcare providers review aging accounts, investigate payment delays, contact insurance payers, and address outstanding claim issues. We prioritize accounts based on factors such as age, balance, claim status, and applicable filing or appeal deadlines.
Our goal is to help your practice recover eligible revenue that might otherwise remain uncollected.
Your outstanding revenue deserves a second look.
Why Invest in Old AR Recovery?
Aging receivables can hide valuable collection opportunities. MedAxis MBS helps healthcare practices evaluate outstanding balances, prioritize recovery efforts, and gain better control over overdue accounts.
Recover Outstanding Payments
Identify collectible balances and pursue payment opportunities across aging accounts.
Prioritized Account Review
Focus recovery efforts on accounts with the greatest potential for successful collection.
Insurance Follow Up
Investigate unpaid claims and contact payers to clarify outstanding payment issues.
Patient Balance Resolution
Review eligible patient balances and support appropriate follow up based on your practice’s policies.
Reduced AR Backlog
Work through accumulated receivables with a structured approach to account review and resolution.
Improved Cash Flow Visibility
Track recovery progress and outstanding balances to better understand your practice’s financial position.
A Smarter Approach to Aging Receivables
Recovering older accounts requires persistence, detailed investigation, and a clear understanding of why payments remain outstanding. MedAxis MBS applies a systematic approach to help practices identify recovery opportunities and resolve lingering billing issues.
Aging Report Analysis: Review outstanding accounts by age, balance, payer, and claim status.
Payment Investigation: Determine why expected reimbursements have not been received.
Payer Coordination: Follow up on pending claims and investigate payment discrepancies.
Underpayment Identification: Review payment records to identify potential underpayments and unresolved balances.
Documentation Review: Locate missing information or documentation that may be preventing payment.
Recovery Progress Reporting: Track collection activity, account outcomes, and remaining balances.
With MedAxis MBS, your practice can take a more organized approach to aging receivables and make informed decisions about outstanding revenue.
Our Old AR Recovery Process
We use a structured recovery workflow to assess aging accounts, investigate outstanding balances, and pursue appropriate collection opportunities.
AR Portfolio Assessment
Review aging reports and outstanding balances to understand the size and condition of your receivables backlog.
Account Segmentation
Categorize accounts by age, payer, balance, denial status, and recovery potential to establish priorities.
Claim & Payment Investigation
Examine claim histories, remittance records, and payer responses to identify the reasons for nonpayment.
Recovery Action Planning
Determine appropriate next steps, including payer follow up, corrected claims, appeals, or other available resolution options.
Follow Up & Resolution
Track recovery efforts, communicate with relevant parties, and monitor account outcomes.
Reporting & Recommendations
Provide visibility into recovered balances, unresolved accounts, and opportunities to improve future collections.
More Services
Denial management & appeals
Every denial worked, corrected and appealed until it is paid or closed.