Aiclaim aims to reduce denials, shorten accounts receivable cycles, increase collections, improve cash flow, lower patient and payer collection costs, and cut overall administrative expenses.
Aiclaim offers comprehensive medical billing services for a wide range of specialties, including but not limited to Primary Care, Urgent Care, Internal Medicine, Family Practice, Pediatrics, Urology, Pediatric Urology, General Surgery, Colorectal Surgery, Anesthesia, Gastroenterology, Neonatal Care, Ophthalmology, Oculoplastic Surgery, Plastic Surgery, Endocrinology, Obstetrics/Gynecology, Pain Management, Neurology, Vascular Surgery, Nephrology, Hospitalist, ENT, Rheumatology, Physical Rehabilitation, Chiropractic, Physical Therapy, Allergy, Bariatric Surgery, and Cardiology. We support diverse medical practices with tailored billing solutions that optimize revenue cycle management.
Aiclaim stands out for its commitment to clients and core business, excelling where other revenue cycle management companies lag.
Minimizing Denials, Reducing AR, Boosting Collections, and Lowering Costs
Managing the healthcare revenue cycle can be complex. We provide expert billing, coding, and accounts receivable management to simplify the process.
Aiclaim evaluates practice performance through financial analysis, including transaction summaries, revenue per encounter, and assessments at the facility and provider levels. This helps identify break-even points and provides a clearer financial picture beyond just bank deposits. We assist in customizing Key Performance Indicators (KPIs) and monitor key metrics daily, weekly, quarterly, and annually to drive revenue growth.
A collection rate measures a practice's success in securing reimbursements, considering Contractual Adjustments with payers. AiClaim’s reporting helps practices track collection rates and claim payment percentages, while our aging report provides clear transparency into accounts receivable.
Aiclaim monitors Days in A/R, a key metric that tracks how long it takes for amounts owed to be paid. While the typical benchmark is 30 days, it can vary by specialty and payer mix. This indicator helps assess revenue cycle efficiency, and AiClaim’s Practice Management (PM) application allows for custom reports over any timeframe.
Aiclaim’s PM application provides an A/R aging report that organizes unpaid claims by days outstanding and payer. This helps prioritize follow-up by dollar amount and payer. Our transparent report includes claim-level notes for easy review, and Days in A/R reflects a practice’s efficiency in managing collections.
We enhance healthcare with AI technology, and RCM expertise to improve financial performance and patient care.
