Effectively Collect Outstanding Receivables and Reduce AR Days
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. We can help!
Our AR management services 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, our revenue cycle management services help you minimize the time and cost associated to collect. We can drive down your aging receivables and convert claims to revenue quickly and effectively.
We collect over $6B in accounts receiveables for our clients every year. We:
- 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:
collection rate (3x industry average)
week resolution of inventory
Aged AR accounts collected at a rate triple the industry average. Case Study Aged AR accounts collected at a rate triple the industry average. 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…Read More >
90% of Inventory Resolved Through Small Balance Recovery Case Study Small balance recovery partnership resolves 90% of inventory and significantly increases revenue. A 5,500-bed, multi-state system with $6.7B NPR experienced growing AR days and frustrated staff due to high account volume that restricted their ability to analyze payer issues, reimbursement delays and denial reasons. A…Read More >
AR outsourcing partnership revitalizes revenue cycle operations and increases cash. Case Study AR outsourcing partnership revitalizes revenue cycle operations and increases cash. This client with 215 beds and $277M NPR was a long-term partner that needed to revitalize operations and increase cash. Job loss due to the pandemic left their region with above average unemployment…Read More >
Nationally recognized academic medical center sees 35% improvement in denial write-offs with outsourcing.
Nationally recognized academic medical center sees 35% improvement in denial write-offs with outsourcing. Case Study Nationally recognized academic medical center sees 35% improvement in denial write-offs with outsourcing. A physicians’ group for an 885-bed, $2.5B NPR academic medical center experienced a growing patient liability population resulting in a rise in uncompensated care, denial write-offs and…Read More >
Academic health system exceeds cash goal with streamlined revenue cycle. Case Study Academic health system exceeds cash goal with streamlined revenue cycle. An academic health system with 2,700+ beds and $5.15B NPR experienced decreasing profit margin and cash flow from declining patient revenue, putting their financial health at risk. Bottom-line impact from a system conversion,…Read More >
Client increases cash collections during height of the pandemic with strategic AR support. Case Study Client increases cash collections during height of the pandemic with strategic AR support. An acute, safety net system of 323 beds and $532M NPR was experiencing a revenue decline and a growing volume of at-risk patients. The pandemic had eroded…Read More >