Hospital Practice, Full Service Billing Hospital’s collections increases substantially as the outstanding AR decreases
Hospital Practice, Full Service Billing Hospital’s collections increases substantially as the outstanding AR decreases
1 PagesCase Study – Hospital Practice, Full Service Billing Hospital’s collections increases substantially as the outstanding AR decreases Specialty Internal Medicine Service offering Full Service Billing Practice management software Misys Tiger Client’s Profile: This is a Hospital based group practice with more than 20 physicians. We took over this account with huge outstanding AR days of 72 days. Initially we were assigned with all process except coding. Business situation & challenges ? High outstanding AR with 90+ being 43% ? Inconsistent flow of charges ? Claims were not processed as per the contract for case rate carriers. ? Non-payment / Low payment of several claims due to system glitch at carrier end. ? Enrollment Issues ? Claims being denied for lack / no author
