Amplify your healthcare revenue by opting for outsourced accounts receivable services, ensuring unparalleled efficiency.
The team at WellTrust understands the specific challenges healthcare providers encounter when it comes to effectively managing their revenue cycles. When you choose to outsource your accounts receivable services to us, we guarantee a 97% clean claims rate on the first submission, ensuring faster reimbursements and a decrease in denials. Our dedicated team is available round the clock to assist you with any billing queries or concerns that may arise.
When you choose WellTrust, you can expect a significant 25% boost in collections, empowering your healthcare facility with a steadily improved financial performance. Simplify your accounts receivable management by partnering with us and witness the benefits firsthand.
How We Work: Our Accounts Receivable Process
Claims Filing
File claims to insurance carrier
Tracking status
Follow-up with carrier to track claims status
Identifying denial causes
Identify causes and act upon denied claims
Following-up
Connect with carrier or patient for clarifications
Refiling
Re-submit claims to insurance carrier
Final payment
Monitor status of refiled claims until paid
Focus on Delivering Quality Care while Managing Your Healthcare Accounts Receivables.
Medical Billing
Achieve remarkable improvements in your revenue cycle by implementing our efficient medical billing process, which guarantees optimal reimbursements and expedites cash flow, ultimately enhancing your bottom line.
Cash Management
Discover the path to financial stability through our meticulous cash management strategies, designed to optimize resource utilization and unlock growth potential.
Bad Debt Analysis
By utilizing our extensive bad debt analysis, you can unlock valuable insights that will empower you to identify and resolve financial risks, ultimately paving the way for a sustainable and healthy financial future.
Credit Balance Services
Our team of experts ensures seamless management of credit balances, guaranteeing compliance and building patient trust through prompt and precise refund processes.
Insurance Verification
Streamline the verification of insurance details to optimize the reimbursement process for all parties involved, resulting in minimized claim denials and the removal of administrative barriers.
Denial Management
Our proactive approach ensures efficient combat against claim denials, resulting in maximum revenue recovery and minimal revenue leakage. This approach guarantees a seamless healthcare accounts receivables process.
Patient Billing Support
Improve patient satisfaction by utilizing our empathetic patient billing assistance, offering concise and transparent explanations for billing inquiries and tailored payment alternatives.
Revenue Cycle Analysis
Access valuable insights with our in-depth revenue cycle analysis, which identifies operational bottlenecks and enables the implementation of strategies to improve performance.
About WellTrust
Accounts Receivable Services for Healthcare
When it comes to managing Accounts Receivable in the healthcare industry, we are your trusted partner. Our top priority is ensuring data security and compliance, and we strictly adhere to HIPAA regulations, maintaining a perfect 100% compliance record. Additionally, our proficiency in denial management sets us apart, with a remarkable 95% success rate in overturning denied claims. This not only maximizes your revenue potential but also minimizes revenue leakages caused by insufficient filings.
The WellTrust Advantage
Operational Bandwidth –
Boost by
70%
Claim Denials –
Reduce by
95%
Collection Rate –
Accelerate by
25%
Revenue Recovery –
Improve by
45%