This 3-hospital system with a $1B NPR had a combined hospital and physician accounts receivable inventory >365 days of 6,400 accounts valued at $2.7M. Considered uncollectible and poised for write-off, the CFO turned to Savista's AR management services to work the aged accounts and deliver vital revenue. Learn more about our revenue cycle management services and AR outsourcing services by downloading the case study.
Aged AR accounts collected at a rate triple the industry average
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Accounts Receivable in Healthcare: Smart Strategies to Boost Your Collections
Effective revenue cycle management is a cornerstone of financial stability for healthcare organizations. As volumes and regulatory demands keep growing, it becomes more difficult to sustain positive cash flow. Reimbursement delays, denied claims, and ineffective billing practices tend to lead to backlogs that impact performance.
