Multi-Specialty Medical Group
Experiencing A/R Difficulties

High Aged And Complex AR

The Client: A leading, multi-specialty medical group and health system, this customer has multiple outpatient specialties with 300+ physicians. Approximately $600M+ in charges and $170M+ in collections annually.

The Problem:

High DSO of 65 Days with a large aged AR of $16M in the 120+ days bucket.

The Challenge:

Not enough in house staff to complete AR in a timely manner.

Our Solution:

  • Dedicated team set up, that is focused on working aged AR quickly and accurately.
  • Payer level specialization deployed to identify global trends and enable faster clean up - ~$5M AR due to incorrect processing by payers. $3M had passed payer TFL identified for W/off.
  • Identified and suggested front end fixes to reduce future denials.

Vee Technologies designed workflow, developed and implemented a technology solution, and re-engineered the process resulting in only meaningful updates to be sent to end-users for processing.

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.

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