Accounts Receivable Management (ARM)
Mirrus Systems ARM solution helps you overcome tough billing cycle problems and speeds your cash flow.
From uncooperative payers and complex reimbursement terms, to staffing shortages and IT system upgrades, strengthening your bottom line is a tremendous challenge. We can help. Mirrus Systems Accounts Receivable Management (ARM) is a turnkey service that obtains payment on outstanding balances from third party payers — providing follow up and collection on accounts aged over certain trigger dates.
Our ARM solution is supported by a proprietary rules-driven workflow and inventory management platform called Worx. Using this platform, ARM helps you process claims faster and with consistently higher quality outcomes than conventional patient accounting systems by:
- Defining work-steps for each type of claim and payer by client to achieve consistent, effective, and predictable results.
- Utilizing its unique design to focus solely on claim resolution.
- Allowing for 100% transparency of account information through the documentation of detailed collection note activities.
- Offering local payer expertise through geographically located processing centers.
- Smoothing operation with on-site account managers and client specialists.
Not only does our ARM solution ensure lower receivables days and higher cash collections. But with a team of experts assigned to your individual account, it also gives you a seamless extension of your business office. All while keeping you in full control over your A/R. The result? More money in the door faster — positively impacting your revenues and profits.