OVERLAND PARK, Kan., April, 12, 2013—With today’s health insurance products pushing more payment responsibilities to patients, A/R Allegiance Group LLC (ARA) has become even more valuable to hundreds of their HME/DME clients. From its founding ARA has specialized in billing and debt collection strategies focused on private pay receivables and that experience is in demand today more than ever.
When Keith Lilek, CEO, began ARA, many firms were eager to collect money from third-party payers. It was considered low hanging fruit. However, those companies were less interested in the more difficult private pay segment. But Lilek saw an opportunity. He believed a company was needed that would help HME/DME clients with billing and collections of their private pay receivables and that led to the creation of ARA.
ARA’s signature product is COLLECTPlus, a proprietary service of A/R Allegiance Group that combines accounts receivables process consulting, in-depth and unique recovery methodology and an interactive web portal feature. Together they deliver cost effective results.
Since Lilek pioneered this private-pay business category others have followed, but their offerings are built around the old-fashioned put-an-envelope-in-the-mail technique. COLLECTPlus, on the other hand, goes beyond traditional mailings and utilizes 21st century tools like automated calls, e-mails and text messaging in addition to those interactive Seb portals that allow for credit card payments. ARA reduces billing costs through automation, while increasing collections using aggressive common sense techniques that shorten the recovery cycle.
In addition, ARA has partnered with, and is endorsed by, most of the major billing software companies in the HME/DME industry. ARA’s technology investment ensures seamless interactivity between each those company’s software systems and COLLECTPlus.
Lilek describes ARA this way: “We’re cash management specialists for the medical industry. Since cash flow is the lifeblood of any business, it’s our responsibility to provide our clients with an infusion of cash either by billing and collecting their receivables or handing them a check for their true value.“
The option to buy uncollected receivables with a lump sum payment is ARA’s newest offering. The product is called ARxChange and while it is not for everyone, it is an option that many businesses are eager to learn more about. Go online to www.arallegiance.com.