Operations & Revenue
Healthcare Receivables Management
The realities of inflation and labor shortages are causing hospitals across Washington to examine their highly manual processes to maximize efficiencies.
Revenue cycle processes can fall into this category since both payments and refunds tend to occur with paper checks. This can both slow revenue cycles and increase opportunities for inadvertent errors. In addition, routine receivables require value staff time and divert attention from more complex issues. Outsourced receivables management services can save time and money by taking over responsibility for these tasks.
Preferred Partner
With health plan changes on the rise, the importance of a surveillance approach to managing payer enrollments and leveraging automated reconciliation tools is critical to drive down your overall cost to collect and improve cash flow.
RemitConnect®, by CommerceHealthcare®, automates the entire receivables posting and reconciliation process.
