Accounts Receivable (AR) is the money owed to Providers or medical billing companies for the medical care rendered to patients.
The generated invoices are sent out to insurance companies or patients for payment
Physicians/providers must credential themselves, i.e., enroll and attest with the Payers network and authorized to provide services to patients who are members of the Payer plans. The credentialing process validates that a physician meets standards for delivering clinical care, wherein the Payer verifies the physicians education, license, experience, certifications, affiliations, malpractice, any adverse clinical occurrences, and training.
Payers may delay or refuse payments to physicians who are not credentialed and enrolled with them. These impact the financials of the practice negatively. Our customized Payer credentialing and enrollment services support physicians in