AR Management
Aged AR accounts collected at a rate triple the industry average
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…
90% of Inventory Resolved Through Small Balance Recovery
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…
AR outsourcing partnership revitalizes revenue cycle operations and increases cash
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…
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…
Academic health system exceeds cash goal with streamlined revenue cycle
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,…
Client increases cash collections during height of the pandemic with strategic AR support
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…