HealthData AR Manager®
Accounts Receivable Wind Down
Manage legacy system accounts receivable to improve financial performance.
When an old financial system is replaced, there are typically outstanding accounts receivable (A/R) records that are not converted in full line-item detail to the new software. Although keeping the legacy system up and running is an option for collectors to wind down A/R, it is often a more costly approach than archiving due to high vendor support fees on a full-production billing system.
HealthData AR Manager®
Comprehensive Management of Billing and Collections for Legacy A/R Records Wind Down
HealthData AR Manager® allows you to wind down legacy A/R after the financial system is decommissioned. Billing staff can continue collection efforts by refiling 837s and receiving 835s, managing collector/agency workflows and maintaining predefined interfaces. It provides the ability to send statements as well as post payments, adjustments, memos, and request refunds. Standard reports and extracts can be produced.
HealthData AR Manager® can be used alone, or in conjunction with HealthData Archiver®, an industry-leading active archive with an intuitive user interface, in one organized platform.
Billing and Collections
- Wind-down longer and more complex A/R with UB-04 and HCFA-1500 re-billing.
- Quickly locate patient accounts that require attention.
- Post individual or batched payments and adjustments to archived patient accounts.
- Generate, download and print patient statements on demand. Utilize an automated scheduler to bundle and ship statements on a configured schedule with minimal manual effort.
- Generate historical electronic claim forms with the ability to edit specific fields for claim resubmissions.
- Benefit from automation that supports your team by delivering batched claims to a Clearinghouse via SFTP on a configured cadence using the standardized 835 and 837 file formats.
- Utilize purpose-built reports and an account list builder to surface the accounts that matter according to your SME’s specific workflows. Easily build a list of important accounts to work.
Interface Support
- 835 Remittance – Ingest transaction files in standard 835 format to update accounts.
- 837 Claims – Submit claims to clearinghouses and payors individually or on a cadence through an automated scheduler.
- Statements – Utilize SFTP to transmit electronic statements to vendors.
- Debt Collection Agency – Utilize SFTP to transmit transaction files using the standard 835 format for collection agency ingestion.
Reporting and Exporting
- On-demand reporting can be utilized to generate reports/extracts that comply with government agency requirements.
- Customizable parameters allowing users to query data specific to their needs.
- Graphical reports breaking down various financial data points by payer.
- Bad Debt Medicare report to comply with Medicare & Medicaid reimbursement and audit requirements.
Administration
- Dedicated page Audit Logs allows administrator users to audit every action within the application.
- Safeguard Protected Health Information with multiple layers of HIPAA-compliant security.
- Integrates user access with HealthData Archiver® for easy setup and configuration.
Benefits of incorporating AR Management into a legacy data management strategy
- Helps prevent revenue loss from uncollected balances.
- Reduces costs of legacy A/R systems.
- Fortifies defenses against cybersecurity threats.
- Ensures record retention and compliance in a singular platform.
- Enables account resolution during system transition.
HealthData AR Manager®
So, the value proposition of the HealthData AR Manager® it’s straight ahead and pretty simple. Those systems are older, they cost a lot and the cost adds cost to those health systems. We simply want to have a better product that’s inserted in place of that AR system that’s more securely managed. And that builds on a better experience. If we have a better experience for that person who’s in charge of revenue cycle, the whole care experience in the institution is just that much better. So, that’s why we do it.
