Children’s Hospital AR Problem
A large children’s hospital, repeatedly ranked as one of “America's Best Children's Hospitals,” had a rapidly increasing AR problem. Despite having a positive cash flow and a rapidly growing business line, the hospital could no longer afford to let their AR rise.
With the root cause identified and best practices implemented, the client saw immediate benefits that had a direct financial impact on their bottom line. Together as a team, a comprehensive revenue cycle process was created that encompassed and established accountability for the team which can consistently adapt to and overcome daily challenges. Not only did this situation create an immediate impact financially, it opened the door for additional work that already has created the foundation for future success.