Who We Are
Founded in 1998 and headquartered in Newton, Massachusetts, Physician’s Accounts Receivable Management, LLC (PAR) is a privately held company providing anesthesia practice management and accounts receivable management services to hospitals, academic practices, private physician groups and outpatient facilities seeking to enhance their efficiency and profitability.
With over 40 combined years of both anesthesia practice management and accounts receivable management experience, the managing partners of PAR bring an unparalleled level of industry expertise to accounts receivable management and billing services for anesthesia and pain management practices. Located just outside Boston, PAR services anesthesia groups located throughout the greater New England area.
PAR welcomes any inquiries you may have regarding our company and our services. Contact us today to see how we can work together to improve your bottom line through revenue cycle management.
Our expert team of AAPC, CPC, CCS-P certified coders ensure that integrity in coding standards are maintained to the highest degree. Accurate coding is a major component in minimizing claim rejections, decreasing the days in outstanding A/R, receiving proper payment for services rendered and decreasing liability in the event of an audit. Per PAR's compliance plan, coders regularly attend educational coding courses and maintain up-to-date certification licenses.
PAR's administrative and support staff are the backbone of our organization. They maintain a high level of communication with our clients, payers, and our own internal teams. A team leader is assigned to each client as a liaison, ensuring that open communication is accessible and maintained in areas of billing documentation and coding, as well as with any claims processing issues that may occur. Additionally, several team members are liaisons to payers. Payer liaisons are responsible for facilitating claims processing with the payer by communicating changes in payer guidelines to administration, who in turn implement systemic solutions to mitigate potential disruptions of claims processing.
Constant changes in reimbursement guidelines, compliance regulations, client payer contracts and high deductible insurance plans create ongoing challenges in medical billing. Our team, through technical and innovated analysis, ensure your profitability is maximized so that you can focus more on delivering the highest level of patient care.
PAR's senior administrative team provides depth and insight into the management of your accounts receivable and ensures revenue cycle management is maximized. In addition to work with our clients, the administrative team has provided long term consulting support to the Departments of Anesthesia at Massachusetts General Hospital and Beth Israel Deaconess Hospital for compliance and A/R management. Anesthesia billing consulting services have been provided to Lahey Clinic, Tufts Medical Center and Brockton Hospital.