Increasing cash from aged accounts
The COVID-19 pandemic has left many hospitals struggling financially, making every dollar of revenue count even more. In this case study, learn how a large California health system was able to boost their year-end collections with help from ParaRev.
Situation:
- $9 million inventory of 386 days at year-end
- No resources available to work aged AR
How can we help?
ParaRev specializes in AR recovery and resolution. We work as a virtual extension of your hospital central billing office to help you resolve and collect more of your insurance accounts receivable faster and help improve operating margins through a seamless and collaborative partnership with your internal team. Whether you need on-going support or project-based assistance, ParaRev is here to help you improve your revenue stream.
Contact ParaRev today to learn how we can help you collect more from your aged AR accounts.