| Are you experiencing these symptoms?
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Greater than 20 percent of accounts receivable over
90 days |
| |
|
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Claim denial rates greater than 5 percent |
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Increasing days in accounts receivable |
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Declining cash collections |
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Inaccurate contractual adjustments |
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High staff turnover — recruiting and retention
challenges |
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Greater than 3 percent of gross charges written off
as bad debt |
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New or underutilized PFS information systems |
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Numerous and complex managed care contracts |
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Managed care payor mix greater than 20 percent |
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Upcoming or recent PFS information system conversion |
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Cost to collect greater than 3 percent |
If you haven’t been considering all of these factors
in computing your accounts receivable management equation,
or if you’re not monitoring these key performance indicators
regularly, you can't know the dollar impact they have on your
cash collections. This results in an ongoing and material
loss to your bottom line. Chapin Revenue Cycle Management
can help you substantially enhance your cash flow and profitability.
Chapin's Services
mean Greater Profitability
Let us help you recover what's missing from your bottom line.
For further information about Chapin's customized solutions,
contact us(.
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