Clients receive a weekly report identifying the actions FTGU has taken to recover unpaid insurance claims in the 30 to 180 day aging. FTGU works every unpaid insurance claim a minimum of once every 45 days. With this type of approach, Clients have the ability to:
- Categorize denied claims and identify negative billing and coding trends (Denials Management)
- Utilize the denial management reports to correct initial coding “mistakes” and/or EMR templates (Corrective Coding)
- Identify cash flow risks earlier in the revenue lifecycle
- Correctly identify balances that should be transferred to patient responsibility
- Correctly identify balances that should be “written off”
- Reduce the number of claims that transfer to “Core A/R Recovery” status
