Today numerous healthcare practices’ hospital recourses have been stained due to the present crisis situation. Especially with the rapid influx of patients, it has further unprecedented strain on New York State’s healthcare systems.
In fact, a host of issues have been observed regarding staffing and the effective allocation of resources. Working in the industry we have also seen many healthcare practices struggling with identifying the right tools as well as the right process to ensure efficient accounts management.
This is where Sunknowledge Services Inc can help.
Sunknowledge services Inc – an answer to complex hospital accounts receivable:
An efficient and quicker turnaround in your accounts receivable is the less amount of cash you have to find somewhere else. Hospital accounts receivable can be further calculated by:
Days in A/R= (your total accounts receivable / your monthly charges )* the number of days in a particular month.
Having an efficient account receivable can be a really struggling affair. However, with the right resources not only do you experience a better AR process but also faster cash flow giving you financial upliftment and stability.
Identifying missed revenue opportunities, Sunknowledge Services Inc today not only help in seamless AR solution but also reduce your potential compliance risks. With accurate coding and billing management, our experts in fact take care of it all from insurance billing and patient statements to payment posting and validation, claims management etc.
We in fact expertise in managing all the critical processes with a better solution for hospital AR management.
Working out processes and creating opportunities and organizing workflow efficiently, our experts for successful accounts receivable management reengineering processes to ensure clean claims go out the door the first time itself. We also can take care of aging A/R as old as three years in no time.
So if you are someone looking to reduce the lag time of hospital accounts receivable by more than three months to below then we are the perfect one stop destination.