Is Your Cash Flow Trapped in Aging Accounts Receivable?
Uncollected AR is the single biggest threat to a facility's financial health.
Shrinking Working Capital
The average Days Sales Outstanding (DSO) for healthcare providers is 45-60 days, tying up critical working capital.
Lost Opportunities
After 120 days, the probability of collecting on an unpaid bill drops to less than 10%
We Turn Your AR Into Cash, Faster.
LTCPro's specialized Billing & AR service is designed to do one thing: accelerate your cash flow. We become your relentless follow-up team, ensuring every bill is accurate and every claim is pursued until it's paid.
Efficient medical billing and AR management are vital for the financial stability of long-term care facilities, including Skilled Nursing Facilities (SNFs) and Assisted Living Facilities (ALFs). LTCPro’s Billing & AR services are designed to keep cash moving, reduce days in AR, and give your team full visibility into what’s collected, what’s pending, and what needs follow-up.
Our Billing & AR Services Include:
- Full-Service Medical Billing: We manage all aspects of patient billing, from accurate invoicing and statement generation to payment processing.
- Aggressive AR Follow-Up: Our team lives in your aging reports. We proactively contact payers to resolve unpaid claims, identify bottlenecks, and get your money in the door.
- “AR Clean-Up” Projects: Have a backlog of old, unpaid AR? We deploy a dedicated task force to review, rebill, and recover cash you’ve already written off.
- Payer & Patient Relations: We handle the difficult follow-up calls with professionalism, acting as a courteous extension of your business office.
The 3-Step Strategy to Cut Your AR Days - From Aging Reports to Bank Deposits
Free AR Analysis
1 We start with a complimentary review of your current AR aging report to provide a concrete estimate of what we can recover.
Takeover & Prioritization
2 Our team gets to work immediately, prioritizing your oldest and largest outstanding balances to create an instant cash-flow impact.
Systematic Collection
3 We implement our proven, systematic follow-up process to ensure no claim falls through the cracks.
Transparent Reporting
4 You receive a clear, weekly report detailing all collection activities, cash received, and the current state of your AR.
At LTCPro, we’re committed to turning your AR into predictable cash flow. Many facilities pair Billing & AR services with our other back-office support including accounts payable, general ledger, payroll, revenue cycle management, and prior authorization — for complete financial coverage.