Case Study
Riverside Radiology Medical GroupPartners with McKesson to Resolve UndetectedBilling Problems and Strengthen Cash Flow
Riverside Radiology Medical GroupPartners with McKesson to Resolve UndetectedBilling Problems and Strengthen Cash Flow
Riverside Radiology Medical Group Partners with McKesson to Resolve Undetected Billing Problems and Strengthen Cash Flow Case Study At a Glance Organization Riverside Radiology Medical Group Riverside, Calif. – 2 hospitals – 10 physicians Solution Spotlight – McKesson Revenue Management Solutions Critical Issues – Sluggish cash flow – Inaccurate or out-of-date physician credentialing – Poor terms in payor contracts – High overhead expenses Results – Revenues increased by approximately 50% – Days in A/R cut in half – Contracts renegotiated for 20% to 30% rate increases – Increased compliance – Business office staffing and overhead reduced remained skeptical about the need to outsource. Their doubts stemmed from a perception that no major billing problems were evident with the existi