Billing systems conversions are natural and inevitable for a health system that wants to stay competitive and at the cutting edge of technology solutions.
Keeping a legacy billing system intact may be the comfortable choice, but as hardware and software become more expensive to maintain and data security becomes a more pressing issue, converting your legacy health billing services to a newer, more flexible system may be the best choice for long-term success. Health professionals can better provide care when supported by a flexible and secure accounts receivable solution.
However, replacing a legacy A/R system is a sophisticated process that, if done improperly, could significantly impact your facility’s cash flow. Horizon Healthcare RCM is prepared to tackle the multi-dimensionality of an accounts receivable conversion with our detailed A/R wind-down services.
Our experienced staff applies advanced technology and resources to prevent revenue loss during your conversion. We implement a wind-down strategy tailored to your requirements and support you with state-of-the-art medical billing reporting and payment collection services to maximize your cash flow.
Cybersecurity is vital. Horizon Healthcare RCM covers all clients with $10 million in Cyberbreach Insurance and participates in a rigorous annual SOC II audit to ensure all policies and procedures are effective and followed to the letter.
Whether you need a complete replacement or a minor scale update, accounts receivable conversions are multi-faceted and involved processes. Missing the mark is costly, as you miss out on revenue and the improved connectivity and productivity a newer system offers. Your health system deserves the best so your doctors have the flexibility to focus on patient care—not investigate the next denied claim.
Horizon Healthcare RCM’s accomplished and professional team can help you navigate the cost and complexity of installing an accounts receivable conversion. We’re with you from the first step, helping you piece together your medical billing and data management strategy. With a detailed timeline and a clear idea of the scope of work, we can ensure the integrity of your sensitive data throughout the conversion.
When seeing a legacy health billing conversion through, there are many financial details to consider. You risk impacting your revenue management plan if your conversion strategy is lacking. Horizon Healthcare RCM is there for you before, during, and after accounts receivable conversion to oversee your legacy health billing and maintain your cash flow.
We’re familiar with the nuances of revenue cycle management and can address any problems you experience with your new platform. While you spend time getting your health professionals up to speed with new policies and procedures, we focus on managing your legacy A/R and limiting potential revenue leakage.
Our staff has many certified coders and billers. When you work with us, we align with your long-term financial mission and do everything we can to help you come out of your conversion ready to succeed. We identify opportunities to improve your revenue cycle management process. Our professionals take a deep look at:
- Cost-to-collect ratios
- Write off rates
- A/R aging
- Claim denial rates
- Much more
Effective patient scheduling systems give your clients easy access to care services. Horizon Healthcare RCM’s specialists give you the tools to secure data and boost call quality.