Author Topic: A/R Clean up  (Read 1478 times)

asilva03

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A/R Clean up
« on: August 20, 2011, 09:58:02 PM »
I have a potential client who wants to hire me to do A/R Clean up for his practice.  The girl I spoke to said that they have a lot out past 60 days.  The provider's office is an ambulatory clinic.  It acts as a primary care (internal medicine) clinic and urgent care center.  The girl said she would fax me over the information I needed so that I can review it before quoting the doctor a price for my services.  My question is would I charge a flat fee like I do for new billing?  I was reading some of the other posts and I remember Linda mentioning something about surety bonds and that is something that I do not want to connect myself to so I wanted to make sure that I am going about everything the right way as far as pricing and not reaching the surety bond point.

Thanks for any help with this.

PMRNC

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Re: A/R Clean up
« Reply #1 on: August 21, 2011, 10:05:30 AM »
First you want to look professional so make sure you have the provider sign some sort of confidentiality agreement or BAA before they send over the accounts for you to look at.  When they say over 60 days, you want to look and see how much past 60 days <g> Once you look at the aging of the accounts and any specific problems you can get a better idea on how to charge. For example, if these are claims that have never been paid by insurance carriers there's better chance of collection as long as they are not too old. If these are mostly patient balances it can get a bit trickier.  Collections and A/R cleanup could be different, it depends on the accounts. Collections is mainly all collections from patient's (out of pocket) and usually older than 60 days to get to that point. In some states you need a surety bond to "act" as a collection service and in some you need a surety bond only if you will be collecting the monies first, you have to check your state collection laws.
Linda Walker
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