What We Do
We aim to alleviate your concerns regarding your revenue cycle, allowing you to concentrate on your primary focus: your patients. At VIhaary, we employ a straightforward yet efficient strategy that eliminates the complexities hindering providers’ cash flow and practice efficiency. Our services include:
- Augmenting the percentage of collections
- Minimizing the number of denied claims
- Lowering overhead and collection costs
- Ensuring prompt claim payment upon initial submission
- Decreasing the aging report backlog and managing the billing cycle on your behalf
“According to some surveys, healthcare providers experience a monthly revenue loss of 15% due to inadequate accounts receivable follow-ups
Vihaary recognizes the critical role that accounts receivable play in maintaining a healthy cash flow, requiring meticulous follow-up for effective control. We offer reliable services to ensure that all rendered services are promptly and fully compensated for.
Cash flow and revenue cycle management are pivotal elements contributing to practice income. Vihaary enhances profitability by diminishing accounts receivable days and boosting collection rates.
- Common reasons for claims denials include:
- Comprehensive denial management
- Accounts receivable analysis
- Appeals and resubmissions of claims
- Handling insurance collections, including tertiary insurance payers
- Facilitating patient collections