Provider Services

A/R Recovery: Collect More Money In Less Time.

Many healthcare providers find their practice or business generating expected or reasonable monthly charges but the actual net collections are not being realized to their fullest.

Within six months to a year, unless specific active follow up on the current billings is initiated, it is common to find a provider with excessive amounts in A/R that are greater than 180 days outstanding.

Collecting Has Its Challenges.

The billing staff of the provider are continuing to process new claims but generally do not have the time or resources required to devote to collecting on the older accounts. The addition of one or more “temporary” collectors only partially solves the problem.

Usually the volume of outstanding claims and the time it takes to research, correct, appeal, and/or re-file the claims will take much longer than anticipated. A limited number of staff devoted to this task will not be able to accomplish the goal, which is to substantially reduce/eliminate the outstanding A/R and collect as much money as possible in a short period of time.

We Take A Team Approach To Collections.

The program offered by MGSI overcomes the problems that traditionally hinder collection efforts by the individual providers. MGSI pursues these accounts by assigning a full team of individuals to “blitz” them.

We utilize knowledgeable, well-trained individuals in the billing process as our collectors. These employees have in-depth experience in medical billings and collections. They perform their work in three phases: