Process Improvement
To Increase Net Collections

AR Denials & Liquidity

AR Denials & Liquidity

Challenge

A major hospitalf realized three consecutive quarters of declining net collections.

Solution

Workflow review identified high roll-rates on the 90-120+ bucket. Liquidation analysis identified majority of inventory had aged to 90+ days with no discernible action. Implemented AR follow up methodology by propensity to pay.

Result

October yield $1,160,000 in net collections. $3,000,000 decrease in AR and growing. Quantify production leakage within internal billing team.

In these unprecedented times, Vee Technologies is committed to doing our part to help those in need. With the ongoing spread of COVID-19 (coronavirus) and the incredible speed at which things are changing around us, organizations are continually adapting their operations and business structure. Vee Technologies has the experience and capability to help your organization through this difficult time. We've expanded our continuity plan and infrastructure to accommodate the current business needs. Please do not hesitate to contact us when your need arises, our implementation team can have you up and running quickly and efficiently.

X