What are some of the key decision factors in electing to pursue A/R Outsourcing as a means of managing all or selected parts of a healthcare provider’s A/R?
Numerous quantifiable criteria can indicate a growing need for innovative solutions such as Outsourcing. However, the presence of one or more of the following typically accompany the organization’s decision to seriously consider a move to Outsourcing: Increasing days in receivables; decreases in the organization’s bottom line; reductions in cash flow, additional billing & accounting staffing requirements combined with increases in staff turnover; increases in account write-offs; aging patient accounting systems and their inherent conversion requirements; acquisitions & divestitures; etc.
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