Maximize Revenue with AI-Assisted AR Management

Boost your revenue collection from federal and commercial payers with SolvEdge’s cutting-edge AI-assisted AR management process. With over 20 years of experience and advanced technology, we consistently recover hard-to-collect receivables, identify untapped revenue opportunities, and ensure your practice achieves financial excellence.

  • Reclaim Lost Revenue
  • Streamline Workflows
  • Transform Financial Health
AI-assisted AR recovery dashboard showing claim status and collection performance

Why Choose SolvEdge for AR Management?

AI-assisted AR recovery dashboard showing claim status and collection performance
Team Discussion

Recover AR with AI Assistance

Efficiently extract data from payer portals and identify unpaid claims within seconds. Leverage our advanced AR automation tools to organize pending payments, eliminate oversights, and establish accountability for all receivables.

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Deep Industry Expertise

With two decades of healthcare expertise, SolvEdge transforms AR processes into revenue-driving operations. We automate and standardize workflows, reducing inefficiencies and improving cash flow.

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Flexible Engagement Models

Whether it’s a one-time AR clean-up or ongoing comprehensive AR management, SolvEdge tailors solutions to meet your unique needs. Our adaptable approach ensures you get maximum value from our services.

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Extended Business Office (EBO)

Seamlessly integrate SolvEdge’s team with your operations to create a robust safety net for managing accounts receivable. Our EBO solution combines technology, human expertise, and AI to enhance your financial health.

Improve Accounts Receivable Management: Simplify AR Workflow for Efficiency

1

Data Capture

Automatically captures data integrated with EMR (Electronic Medical Records) and includes a manually updated customized template for EOB (Explanation of Benefits), ensuring efficient Accounts Receivable Management by laying a solid foundation for AR data processing.

2

AR Analysis

Involves analyzing the captured data with auto-assignment of tasks, streamlining AR Management by identifying key issues and assigning them to appropriate AR specialists for action.

3

AR Classification

Classifies the analyzed data into relevant categories, enhancing Accounts Receivable efficiency by organizing AR data for targeted resolution and improved cash flow.

4

Action Initiated

Triggers specific actions based on the classification, driving AR Management forward by initiating timely interventions to address identified Accounts Receivable challenges.

5

Insurance Specific AR Experts

Involves credential experts and AAPC-certified coders who handle insurance-specific tasks, interacting with hospitals/medical groups, optimizing AR processes through specialized Accounts Receivable expertise.

6

Action Taken

Updates the status (assigned, reassigned, or transferred) and reassigns/transfers AR to the respective agent, ensuring effective AR Management by maintaining accountability and workflow continuity.

7

Feedback Loop

Notes are automatically captured to EMR, and customized AR reports are manually updated, feeding back into the process, fostering a continuous improvement cycle in Accounts Receivable Management and AR optimization.

Proven Benefits for Your Practice

Enhanced Revenue Recovery

Our AI-driven workflows and experienced specialists proactively address complex accounts, reducing backlogs and payer mismatches. This ensures faster revenue recovery without overburdening your internal team.

Lower Days in AR

By optimizing claim resolution processes and focusing on high-risk accounts, we help reduce your AR cycle times, resulting in faster reimbursements and better cash flow.

Advanced Analytics and Insights

With SolvEdge’s sophisticated AR software, track and analyze receivables in real time. Our tools categorize accounts into predefined buckets, ensuring quicker resolution and more precise financial forecasting.

What Sets SolvEdge
Apart?

AI-assisted AR recovery dashboard showing claim status and collection performance
AI-assisted AR recovery dashboard showing claim status and collection performance
AI-assisted AR recovery dashboard showing claim status and collection performance
AI-assisted AR recovery dashboard showing claim status and collection performance

Ready to Take Control of Your AR?

Let SolvEdge’s AI-driven solutions transform your AR processes, reduce costs, and improve financial outcomes for your practice.

FAQ – SolvEdge Account Receivable Management Services

Accounts Receivable in medical billing refers to the outstanding payments healthcare providers are owed for services already delivered. Effective Account Receivable Management Services ensure steady cash flow and financial stability.

AR management services streamline the collection process, reduce Days Sales Outstanding (DSO), prevent revenue leakage, and improve cash flow by addressing unpaid claims efficiently.

SolvEdge offers AI-driven Account Receivable solutions that automate AR workflows, accelerate reimbursements, and minimize denials. Our 4Clover AR Framework helps reduce AR aging, improve collections, and maximize ROI.

Major challenges include aging AR, claim denials, manual follow-ups, and lack of real-time insights. These lead to revenue delays and decreased collection efficiency.

DSO measures how quickly your practice collects payments. A lower DSO means faster revenue cycles and optimized Accounts Receivable performance.

We leverage predictive analytics, automated AR follow-up tools, and payer-specific strategies to prioritize collections and resolve aged AR faster.

AR refers to money owed to your organization (collections), while AP refers to money your organization owes to vendors or suppliers.

Yes, our platform integrates seamlessly with major EHR/EMR systems, enhancing AR visibility and automating charge capture to collection workflows.

Absolutely. All our Account Receivable Management Services are fully HIPAA-compliant, ensuring secure handling of patient and payment data.

Most practices go live within 2–4 weeks. Our team provides end-to-end support to ensure a smooth transition with minimal disruption to your operations.