Reduce AR Days by Effectively and Rapidly Collecting Outstanding Receivables
AR days >40? Falling short of meeting your revenue goals? Maintaining healthy cash flow is a challenge when faced with high cost-to-collect, delayed reimbursement and missed revenue.
Drive down your aging receivables and convert claims to revenue quickly and effectively by obtaining follow up and resolution professionals as an extension of your team or outsourcing targeted receivables to quickly resolve and recover accounts. We help maximize cash collections with process-driven workflows, trending payer issues that delay payment, and providing visibility into denial root causes. With clear reporting and analytics that provide performance insights and improvement opportunities, we help you minimize the time and cost associated to collect.
Our Accounts Receivable Services will:
- Reduce cost to collect with flexible staffing models and scope focused on the right accounts.
- Prevent lost or delayed revenue with process-driven, predictable cash collections.
- Provide regular, clear reporting on performance and inventory.
- Leverage constant training and feedback to proactively identify trends across payers.
By the Numbers
Acute care provider small balance recovery for accounts over 365 days:
resolution rate
collection rate (3x industry average)
productivity average
week resolution of inventory
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