Cash flow - it is the life blood of any business and your practice is no different.  Big business refers to this as the revenue cycle, but in health care, we call it billing and collections.  Unfortunately, this name is misleading because it implies that the process of getting money in the door starts when you send a bill. In reality, it starts before the patient arrives!

We specialize in helping health care companies, small and large, improve their revenue cycles and more effectively manage their accounts receivable.  In the medical practice world, the impact is staggering.  Reducing your time to collect by 30 days can improve your net collections by 1 percentage point!  If you bill $1 million a year, that means an extra $10,000 is available to you just by collecting more quickly.  Not to mention, it is better to have the money in your bank account than in someone else's!

Call us today for an evaluation of your revenue cycle.


Common myths for Accounts Receivable management:


-Having a large A/R balance means the practice has a cushion against lean times
-I can’t drop claims for the day until all the charge tickets are in
-Patient balances are less important than insurance company balances
-I have to keep large, uncollectible balances on the books so I know to keep working them
-I have to keep the full balance associated with any patient payment plans on the books so I know to keep working them