Credit Balance Services

Smart Credit Balance Services & Refund Processing Solutions

At 3Gen, we help our clients in reducing the respective compliance issues and financial risks while minimizing the Medicare penalties effectively.

When you hire our professional range of smart credit balance & refund processing services, you can get the following benefits:

  • Professional credit balance analysis by highly qualified and trained analysts in our team
  • Reduction in inaccurate posting allowances
  • Preventing new credit balances

Benefits of Our Professional Credit Balance Services

  • Presence of the dedicated team of credit balance analysts with in-depth accounting knowledge and several years of relevant RCM expertise on resolving credit balance issues.
  • Expertise on working with different billing systems including that of physicians and hospitals with multiple claim reimbursement environments including DRG, per Diem, capitated rates, the percentage of charges, and so more.
  • Our services are compliant with Medicare Refunds through the submission of overpayment reports on a quarterly basis.
  • We provide end-to-end Credit Balance Processing solutions
  • On-site Training as well as Knowledge Transfer Assistance with a comprehensive transition methodology of around 4-6 weeks.

Our Professional Credit Balance Solutions for Healthcare Units

When you reach out to our professional team of qualified credit balance analysts, you can avail the benefits of our comprehensive credit balance services.
  • Analysis of Credit Balance Accounts: Our team of professional credit balance analysts is adept at analyzing credit balance in the respective client host systems. Our trained analysts review the respective account transactions, EOBs, patient notes history, ERAs, and so more for retrieving true reasons for effective credit.
  • Correction of Misposted Adjustments or Payments: Our team is also known for reviewing details about insurance or service provider contract. After this, we aim at retrieving accurate allowed amount for improved efficiency. Our team also works upon by making the necessary corrections in case the adjustments or payments are posted
  • Generation of Patient or Insurance Refund Letters: At 3Gen, through our professional range of credit balance solutions for the healthcare units, we are committed to preparing in-depth patient or insurance refund packages along with relevant backup documents. We prepare the documents as per the unique requirements of our clients and deliver the same in a secure .PDF file format.
  • Increased Opportunities for Self-Pay or Secondary Billing: We are also experts in correcting effective adjustments or payments and improving the overall opportunity for ensuring the ease of self-pay transfers or secondary insurance billing. As such, with our professional services, you can be assured of increased revenue for your business.

Ready to minimize medical penalties with our Credit Balance Solutions?

Talk to our experts to learn more about our services