RELIEVE THE PRESSURE FROM YOUR TECHNOLOGY TRANSITION
Transitioning from one EHR or EMR to another can result in key performance indicators beginning to move in the wrong direction, despite your best efforts. While you are busy paying attention to the new implementation, you may find that you have less time to spend on the aging A/R in the legacy system. As a result, your cash flow can take a blow. In the month following a system conversion, cash collections can dip more than 20% and the average total cash shortfall among US hospitals is $168 million. Hospital Revenue Cycle Solutions can make your technology transition occur more productively and efficiently with our A/R Wind Down services.
A/R WIND DOWN SERVICE
When making the transition to a new technology, it is important to clean up old patient accounts, address legacy insurance A/R, and resolve historic credit balances. It is often more efficient to work with an outside team of experts to help you reach these goals. Hospital Revenue Cycle Solutions has helped a number of health systems, of all sizes, with A/R wind down and cash flow acceleration projects during new technology implementations. We have over 20 years of experience with a myriad of systems and workflows, working in all aspects of the Revenue Cycle.
- Allow your revenue cycle team to focus on the successful implementation of your new technology.
- Save you time and money from not having to work through your legacy A/R and credit balances internally.
- Ensure that you meet or exceed your KPIs.