General Category > General Questions

Uncollected claims

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Michele:
Charlene's right.  You will have to take some things into consideration.  How old?  Will they likely get paid?  Timely filing issues?  If it is just a matter of simply resubmitting and most will be paid, it's not too bad, but if more likely, several will be denied, then that is different.

Michele

Pay_My_Claims:
Exactly Michelle, you have to go behind someone else's work which is difficult in itself. AR Recovery isn't an easy task. It takes up a lot of your time and you should be compensated for it. The claims processing (new claims) is much easier. You should take on a specialty that you know, so billing it wouldn't be a problem. Also I advise any newbie or anyone with no billing experience to not embarq upon this task on specialties they don't know.

DavidZ:
Thanks

PMRNC:
It depends on your contract. If you have a start date by date of service (recommended) anything prior would need to fall under a separate contract. I have a separate contract drawn up and we usually agree on a higher fee for A/R recovery based on how old the claims are as previous posters have said. No percentage allowed here in NY and besides that I still use a monthly fee this way I get paid for the work I do regardless of what gets paid or not.

DavidZ:
Thank you again, will add that to the contract.

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