Healthcare

We realize that all too often providers are asked to do more with fewer FTE

Understanding this challenge, Asset Recovery Bureau LLC has designed programs to relieve the burden of intricate business office functions vital for robust revenue streams relied upon by providers. Ultimately, Asset Recovery Bureau LLC 's focus is to diminish your outstanding days and resolve accounts, all while upholding your positive public image and safeguarding patient dignity in a complaint-sensitive environment

Maximize Your Debt Recovery with Asset Recovery Bureau LLC

Self Pay Early Out

The key to efficiently recovering delinquent accounts receivable lies in timely action, particularly early contact. The sooner an account is addressed, the higher the potential for recovery. When your business office or collection team is overwhelmed, numerous accounts languish until they become bad debts written off or lost.

Asset Recovery Bureau LLC intervenes before significant aging occurs, preventing many accounts from being written off as bad debt. Leveraging our expertise and resources, you can expedite recoveries at a fraction of the cost compared to using an in-house team or neglecting these accounts entirely.

Our pre-collection account representatives at Asset Recovery Bureau LLC undergo extensive professional training in customer service and collection techniques. This ensures that while tackling delinquencies, the strong relationships you've cultivated with your customer base remain untarnished, significantly reducing your delinquent accounts.

Early Out Insurance Resolutions

In the medical industry, navigating insurance follow-ups can be both costly and labor-intensive. Asset Recovery Bureau LLC boasts a professional, seasoned insurance team capable of providing comprehensive assistance at every stage. Whether it's facilitating re-billing, conducting telephone follow-ups, handling denial appeals, managing workman’s compensation filings, overseeing third-party liability matters, or other related services, our team possesses the expertise and resources necessary to monitor, manage, and recapture your funds.

Upon authorization, representatives from Asset Recovery Bureau LLC can remotely access your system, offering real-time updates. All our activities strictly adhere to HIPAA guidelines, ensuring unwavering compliance throughout the process.

Early Out Payment Monitoring

The full-time employees (FTE) you have are incredibly valuable. Their focus is on generating the highest revenue from the most critical areas. However, is their time best utilized in monitoring paying accounts, slow-pay accounts, and broken payment promises? Asset Recovery Bureau LLC can efficiently handle this crucial yet time-consuming task for you. We manage this segment with timely letter series and professional telephone calls, thereby enhancing and expediting recoveries.

Bad Debt Collection

In recent years, the landscape of debt collection has evolved significantly. With advancements in technology reaching unprecedented levels, your accounts will benefit from efficient and impactful efforts that enhance both the speed and success of liquidation.

At Asset Recovery Bureau LLC, accounts undergo processing via our tailored analytics system. They are then categorized based on their likelihood of payment and the required efforts to stimulate repayment.

Utilizing our custom analytics, we segregate accounts based on payment probability and the necessary actions to encourage payments. Prior to treatment, our team conducts skip-tracing on accounts, ensuring updated information and additional contact points. Moreover, your accounts are managed by certified collectors trained to uphold your positive public image and preserve the dignity of your customer base, while expediting the recovery of bad debt

Accounts Receivable Clean-Up Projects

Whether your staff is reduced, a system glitch creates an accounts receivable backlog, or you're amidst an implementation or transition phase, you might find yourself dealing with aging accounts that strain your available resources, making it challenging to catch up and maintain timely processes. During such situations, Asset Recovery Bureau LLC offers the capacity to intervene and address your entire accounts receivable backlog or specific segments of it. This support enables your team to concentrate on managing your most recent receivables.

Worker’s Compensation/Lien Processing

Workers’ Compensation claims and Lien Processing are essential yet time-consuming procedures, often protracted and intricate. Without consistent attention and regular communication, sizable payments may inadvertently go unpaid. The experienced team at Asset Recovery Bureau LLC specializes in collaborating with attorneys, providers, and insurance companies to ensure meticulous submission, management, and resolution of all claims.

Temporary Staff Supplementation

Uninterrupted team functionality is vital for your business's success. However, occasional disruptions occur when employees are absent for extended periods or when additional projects strain even the most efficient teams. In such cases, Asset Recovery Bureau LLC can deploy trained professionals either on-site at your location or remotely (with authorized access to your system) from our premises. This support helps mitigate the challenges arising from staff absences or increased workloads.

Client Workshops

Asset Recovery Bureau LLC's Certified Instructors specialize in tailoring training modules to meet your specific needs, enhancing areas of focus such as POS collections, Teamwork, Telephone Collection Skills, Communications, and Collection Law. Organizations that have participated in our workshops consistently report heightened staff motivation and immediate improvements in their bottom line figures.