Client Success Story
The Clinics of North Texas entered an agreement with Veradigm to revamp their revenue cycle management, resulting in:
67%
Reduction of days in A/R
Reduced days in A/R:
The updated processes and advanced predictive analytics drastically shortened the accounts receivable cycle by 67%.
Lowered A/R over 90 days:
By reducing inefficiencies in claim management, clinics saw a 40% reduction in long-term outstanding balances.
20%
Revenue increase in the first year
Increased revenue:
The collaboration led to significant revenue growth, providing financial stability and enabling investment in patient care.
Increased gross collection rate:
Improved coding accuracy and efficient billing practices contributed to a higher overall collection rate of 1.64%.