Optimizing a Long-Term Care Operator’s Billing + Collections

How LTC Ally Helped One Operator Recover Millions in Aged Accounts

We recently worked with one long-term care operator to reclaim millions of dollars in aged accounts receivables and increase revenue. This case study demonstrates how our accounts receivable, billing, and collections teams stepped in to help recover a significant number of aged claims, the vast majority of which were well over a year old. 

See how outsourcing with LTC Ally’s revenue cycle management services can rapidly improve billing and collections practices and bring you greater peace of mind.

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Within 3 months, we increased this operator’s revenue by 15% and recouped millions in claims over 1-year-old

By partnering with our AR and collections teams, your staff can focus more on delivering excellent care, knowing patients are matched with payers before arriving, all claims are being submitted correctly, and aged payments are recouped.

Outsourcing your long-term care facility’s billing and collections processes are among the most cost-effective ways to increase revenue and improve operations at your facilities. Unlike other billing offices, our teams consist of industry experts backed by proprietary technology and specialists dedicated to individual payer models. This makes LTC Ally capable of handling tremendous volumes with unparalleled ease.

This particular case study shows how quickly we helped one operator recover several millions tied up in aged accounts due to improper processes. For others, the results can be even more impressive when outsourcing their long-term care billing and collections to LTC Ally.

Related Articles:

  1. Meet LTC Ally’s Executive VP of Revenue Cycle Management
  2. The LTC Provider’s Playbook: Q2 2022 Edition
  3. Making Waves in LTC: Q1 Acquisitions and Change of Ownerships

Founded in 2006, LTC Ally serves the long-term care industry with an unbound dedication to improving back office and financial operations. With a mission to reduce burdens and increase peace of mind, LTC Ally set out to revolutionize the way facilities handle their revenue cycle management. With a full suite of financial, case management, and contracting solutions for healthcare providers, LTC Ally is your partner in long-term care and skilled nursing.

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