Revenue Cycle Matters

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Prioritizing Patient Collections: How to reduce your Patient AR

Patient balances account for more of a practice’s total Accounts Receivable than ever before due to high deductible insurance plans. At Legacy, we have worked with some clients who have had more than 50% of their total AR in patient balances. Did you know that your chance of collecting patient monies reduces by half the …

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Expected RCM Growth

Effective Insurance and Patient AR Follow-Up

Many practices have their rejections and denials follow-up down to a fine art. But many may be leaving money on the table with their insurance and patient AR follow-up practices. Consider the following questions: How effective is your practice at collecting patient balances? Insurance balances? Do you have AR > 90 days less than 20%? …

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Value Based Care

How Value Based Care is Changing Your Revenue Cycle

by: Jennifer A. Geoppinger A practice’s rejections and denials are a key piece to keep cash flowing swiftly for the practice. So is office workflow. But with the looming change to value based care coming, there are certain key areas that practices should be watching for to ensure minimal impact to their revenue. None of …

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