{"id":72,"date":"2020-07-25T22:08:06","date_gmt":"2020-07-25T22:08:06","guid":{"rendered":"https:\/\/excaliburmedicalmanagement.com\/?page_id=72"},"modified":"2020-07-28T21:29:22","modified_gmt":"2020-07-28T21:29:22","slug":"best-practices-in-accounts-receivable-management-for-medical-practices-physicians","status":"publish","type":"page","link":"https:\/\/excaliburmedicalmanagement.com\/?page_id=72","title":{"rendered":"Best Practices in Accounts Receivable Management for Medical Practices &#038; Physicians"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-73 aligncenter\" src=\"https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Best-Practices-in-Accounts-Receivable-Management-for-Medical-Practices-Physicians-Excalibur-Medical-Management-and-Financial-Consulting-1024x681.jpg\" alt=\"Best Practices in Accounts Receivable Management for Medical Practices &amp; Physicians - Excalibur Medical Management and Financial Consulting\" width=\"600\" height=\"399\" srcset=\"https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Best-Practices-in-Accounts-Receivable-Management-for-Medical-Practices-Physicians-Excalibur-Medical-Management-and-Financial-Consulting-1024x681.jpg 1024w, https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Best-Practices-in-Accounts-Receivable-Management-for-Medical-Practices-Physicians-Excalibur-Medical-Management-and-Financial-Consulting-300x199.jpg 300w, https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Best-Practices-in-Accounts-Receivable-Management-for-Medical-Practices-Physicians-Excalibur-Medical-Management-and-Financial-Consulting-768x511.jpg 768w, https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Best-Practices-in-Accounts-Receivable-Management-for-Medical-Practices-Physicians-Excalibur-Medical-Management-and-Financial-Consulting.jpg 1256w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/h2>\n<hr \/>\n<h2 style=\"text-align: center;\"><b>Best Practices in Accounts Receivable Management for Medical Practices &amp; Physicians<\/b><\/h2>\n<hr \/>\n<p>Our philosophy is simple:<span class=\"Apple-converted-space\">\u00a0 <\/span>a claim that is overdue, is simply lost revenue.<\/p>\n<p>Excalibur\u2019s 30 day medical audit involves exhaustive analysis of your Medical Practice\u2019s A\/R to determine:<\/p>\n<ul>\n<li>A\/R Aging<\/li>\n<li>A\/R Targets<\/li>\n<li>Overdue claims<\/li>\n<li>Summary of patients with balance due<\/li>\n<li>Statements and collections off of your shoulders<\/li>\n<li>Recommendations on follow-up with insurance, patients and collection options.<\/li>\n<\/ul>\n<p>Most importantly, Excalibur will recommend a cadence for daily quality checks and follow-up, so you, the Practice Leader, are always guaranteed that the discipline of excellent medical billing and collections is rigorously followed.<\/p>\n<hr \/>\n<h3 style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-75 size-large\" src=\"https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-2-1024x683.jpg\" alt=\"Medical Billing Audit Excellence Program - Excalibur Medical Management and Financial Consulting\" width=\"600\" height=\"400\" srcset=\"https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-2-1024x683.jpg 1024w, https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-2-300x200.jpg 300w, https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-2-768x512.jpg 768w, https:\/\/excaliburmedicalmanagement.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-2.jpg 1254w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/h3>\n<hr \/>\n<h3 style=\"text-align: center;\"><b>Medical Billing Audit Excellence Program<\/b><\/h3>\n<hr \/>\n<p>Excalibur Medical Management &amp; Financial Consulting specializes in Medical Practice Audits for leading Physicians and Medical Practices through-out the United States.<span class=\"Apple-converted-space\">\u00a0 <\/span>We are a hands-on, boutique medical practice advisory firm whom has a track-record of exceptional results<\/p>\n<p>Only Excalibur adds meaningful value to your medical practice through our medical billing audit excellence program.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<ol>\n<li>Engage with an Excalibur principal.<span class=\"Apple-converted-space\">\u00a0 <\/span>Each of our Physician and Medical Practice clients only deals directly with an Excalibur principal with at least 30 years of experience.<span class=\"Apple-converted-space\">\u00a0 <\/span>We do not employ junior partners, or delegate our work to third parties, ensuring that you get the highest quality engagement and results!<\/li>\n<li>Precision recommendations on managing the total revenue cycle and maximizing cash flow.<\/li>\n<li>In depth analysis of the \u2018payer to cash\u2019 cycle\u2019 for reimbursement to increase your cash flow. Our goal is to equip your medical practice to submit claims within 24 hours of delivery of services.<\/li>\n<li>Cash Flow:<span class=\"Apple-converted-space\">\u00a0 <\/span>We will attempt to increase your Medical Practice\u2019s cash flow by +25%.<\/li>\n<li>Medical Billing Costs:<span class=\"Apple-converted-space\">\u00a0 <\/span>We will make recommendations to reduce your medical billing costs +15%<\/li>\n<li>Physicians Productivity:<span class=\"Apple-converted-space\">\u00a0 <\/span>we will advise you Increasing your Physician productivity resulting in greater revenue and cash flow.<\/li>\n<li>Practice Management Software recommendations:<span class=\"Apple-converted-space\">\u00a0 <\/span>we will advise you on whether you are over-paying for practice management software based on practical analysis, not \u2018software speak\u2019.<\/li>\n<li>HIPAA compliance:<span class=\"Apple-converted-space\">\u00a0 <\/span>we will evaluate your medical practices HIPPA compliance and make practical, not onerous, recommendations. <span class=\"Apple-converted-space\">\u00a0<\/span><\/li>\n<li>Ensure your Medical Practices experiences improved revenue by using the most accurate coding and billing techniques.<span class=\"Apple-converted-space\">\u00a0<\/span><\/li>\n<li>Reduced labor and optimized operations:<span class=\"Apple-converted-space\">\u00a0 <\/span>we will make practical recommendations so you can optimize your back-office labor, and focus on Physician productivity and patient needs as opposed to being consumed with medical billing and insurance processing.<\/li>\n<\/ol>\n<hr \/>\n<div class=\"wpb_row vc_row vc_row-fluid mk-fullwidth-false attched-false vc_custom_1583338579365 js-master-row mk-grid mk-in-viewport\" data-mk-stretch-content=\"true\">\n<div class=\"vc_col-sm-12 wpb_column column_container _ height-full\">\n<div class=\" vc_custom_1583338532467\">\n<div id=\"text-block-7\" class=\"mk-text-block \">\n<h3 class=\"clearboth\"><strong><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-52 alignleft\" src=\"https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-1-300x168.png\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" srcset=\"https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-1-300x168.png 300w, https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-1-1024x575.png 1024w, https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-1-768x431.png 768w, https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-1-1536x862.png 1536w, https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Excalibur-Medical-Management-and-Financial-Consulting-1-2048x1149.png 2048w\" alt=\"Excalibur Medical Management and Financial Consulting\" width=\"300\" height=\"168\" \/><\/strong><\/h3>\n<h3 class=\"clearboth\"><strong>About Excalibur\u00a0Medical\u00a0Management &amp; Financial Consulting<\/strong><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"wpb_row vc_row vc_row-fluid mk-fullwidth-false attched-false js-master-row mk-grid mk-in-viewport\" data-mk-stretch-content=\"true\">\n<div class=\"vc_col-sm-12 wpb_column column_container _ height-full\">\n<div class=\" vc_custom_1583914251318\">\n<div id=\"text-block-9\" class=\"mk-text-block \">\n<div class=\"clearboth\">\n<p>Michelle Stahl, President &amp; CEO founded Excalibur in 2020 after a successful 30+ year career founding and leading one of the most successful medical billing and collection firms in the United States. \u00a0Over three decades, Mrs. Stahl served over 250+ of the best physicians and medical practices through-out the United States, retaining their business through a results-oriented philosophy.<\/p>\n<p>Excalibur Medical Management and Financial Consulting will assist you to:<\/p>\n<ul>\n<li>Increase your Medical Practice\u2019s cash flow by +25%<\/li>\n<li>Reduce your medical billing costs +15%<\/li>\n<li>Elevate your Physician productivity resulting in greater revenue<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\" vc_custom_1583338984224\">\n<div id=\"text-block-10\" class=\"mk-text-block \">\n<hr \/>\n<h3><strong><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-64 alignleft\" src=\"https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Contact-Excalibur-Medical-Managment-and-Financial-Consulting-for-a-Confidential-Discussion-on-Financial-Audits-300x163.png\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" srcset=\"https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Contact-Excalibur-Medical-Managment-and-Financial-Consulting-for-a-Confidential-Discussion-on-Financial-Audits-300x163.png 300w, https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Contact-Excalibur-Medical-Managment-and-Financial-Consulting-for-a-Confidential-Discussion-on-Financial-Audits-1024x556.png 1024w, https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Contact-Excalibur-Medical-Managment-and-Financial-Consulting-for-a-Confidential-Discussion-on-Financial-Audits-768x417.png 768w, https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Contact-Excalibur-Medical-Managment-and-Financial-Consulting-for-a-Confidential-Discussion-on-Financial-Audits-1536x833.png 1536w, https:\/\/secureservercdn.net\/50.62.198.97\/6ks.d70.myftpupload.com\/wp-content\/uploads\/2020\/07\/Contact-Excalibur-Medical-Managment-and-Financial-Consulting-for-a-Confidential-Discussion-on-Financial-Audits-2048x1111.png 2048w\" alt=\"Contact Excalibur Medical Managment and Financial Consulting for a Confidential Discussion on Financial Audits\" width=\"300\" height=\"163\" \/>Contact Us for a Confidential Discussion!<\/strong><\/h3>\n<p>We would be glad to provide you with a complimentary estimate. Contact a leader in Medical Management and Financial Consulting in the United States by calling <strong><a href=\"tel:703-628-6025\">(703) 628-6025 <\/a><\/strong>or use our <a href=\"https:\/\/excaliburmedicalmanagement.com\/?page_id=54\"><strong>online contact form<\/strong><\/a>.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<div id=\"text-block-10\" class=\"mk-text-block \">\n<hr \/>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Best Practices in Accounts Receivable Management for Medical Practices &amp; Physicians Our philosophy is simple:\u00a0 a claim that is overdue, is simply lost revenue. Excalibur\u2019s 30 day medical audit involves<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":68,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-72","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=\/wp\/v2\/pages\/72","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72"}],"version-history":[{"count":6,"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=\/wp\/v2\/pages\/72\/revisions"}],"predecessor-version":[{"id":211,"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=\/wp\/v2\/pages\/72\/revisions\/211"}],"up":[{"embeddable":true,"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=\/wp\/v2\/pages\/68"}],"wp:attachment":[{"href":"https:\/\/excaliburmedicalmanagement.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}