Multi-Specialty Pediatric Practice

Key Metrics

We helped this multi-specialty pediatric practice achieved 98%+ quality scores for its revenue cycle management processes, reduced A/R by 4 days, and achieved annual run rate savings of over 11%.

Background:

A multi-specialty pediatric practice with over 30 locations throughout Florida faced significant revenue cycle management challenges, including inconsistent revenue collection, delays in payment posting, and inadequate patient eligibility verification.

The practice serves over 200,000 patients annually and employs over 100 physicians and healthcare professionals.

Solution:

The practice partnered with Radiant Healthcare to address these challenges and improve its overall financial performance. Our track record of success in increasing revenue and reducing denials for other healthcare organizations helped to show the practice that we would be a great partner to improve operations and outcomes.

Outcomes:

The customized solutions implemented by the Radiant Healthcare team:

✓ Improved collections

✓ Sped-up payment posting

✓ Streamlined patient eligibility verification

Resulting in improved financial performance and reduced administrative costs. The practice achieved 98%+ quality scores for its revenue cycle management processes, reduced A/R by 4 days, and achieved annual run rate savings of over 11%. The successful partnership demonstrates the value of outsourcing revenue cycle management tasks to a skilled and experienced RCM provider.