Company Solutions Resources Careers We’re hiring! Contact us A/R Wind Down Every billing system conversion is part of a larger initiative to drive long-term efficiency into the health system in order to remain competitive, improve communication across the organization, boost patient loyalty, realize cost savings and improve cash. Yet, system conversions are multi-dimensional, confusing and expensive on a good day. Getting it right requires protecting your cash, training your staff, and perhaps most importantly finding a trusted partner. Learn more Switching billing systems is no small undertaking It’s typical for a healthcare organization to focus its efforts and attention on the design, implementation and training for its new system and to pay less attention to the aging A/R in the legacy system. As a result, cash flow takes a blow. Cash collections in the month following the conversion can dip more than 20%, and one study reported that by the end of the conversion, the total cash shortfall averaged $168M among US hospitals. Read More How we can help Here are a few of our results What our clients say MediRevv helped us maintain our cash flow through our conversion by successfully liquidating 99% of the A/R placed, exceeding all cash collection projections. Chief Operating Officer Premier Academic Health & Science Center Related blog articles Previous A/R WIND DOWN How to Handle Your Legacy A/R for System Conversions A checklist to avoid shortfalls with your legacy A/R before you start your system conversion System conversions are complex, but we’re here to say it’s possible to have a successful conversion without compromising your cash flow. Gain clarity and... Dee Rountree 9 minutes read A/R WIND DOWN 5 Tips for a Successful System Conversion Patient accounting system conversions can be complex, confusing, and costly, even when they're done "right." The truth is that even the simplest conversion can create huge financial burdens if not executed with care and specific goals in mind.... Dana Gratton 3 minutes read A/R WIND DOWN Stop, Look and Listen: What Story Does Your Aged A/R Tell You? Aging claims may not have been touched for a long time, but why? Sssh, listen. Do you hear that? Your aged A/R is trying to tell you something. Almost every organization has a bucket (some substantial, some negligible) of aged A/R. That’s not a good... Kristen Hughes 5 minutes read Next Meet your revenue cycle goals starting today. Whether you just have a few questions or need some serious help, we’re right beside you, ready to solve, resolve and wow. Get started now COMPANY About Us Why MediRevv Our Culture Leadership Team Best in KLAS Careers SOLUTIONS End-to-End RCM Patient Pay Early Out Revenue Cycle Consulting Insurance A/R Follow Up A/R Wind Down Coding Services RESOURCES Thought Leadership Client Stories Press Room GET IN TOUCH contactus@medirevv.com Copyright © 2021 MediRevv, a Tegria company. All rights reserved.