{"id":3773,"date":"2022-06-01T17:50:44","date_gmt":"2022-06-01T17:50:44","guid":{"rendered":"https:\/\/ltcally.com\/articles\/?p=3773"},"modified":"2022-08-23T21:16:38","modified_gmt":"2022-08-23T21:16:38","slug":"ltc-rcm-case-study","status":"publish","type":"post","link":"https:\/\/ltcally.com\/articles\/ltc-rcm-case-study\/","title":{"rendered":"Optimizing a Long-Term Care Operator\u2019s Billing + Collections"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_LTC_Ally_Helped_One_Operator_Recover_Millions_in_Aged_Accounts\"><\/span>How LTC Ally Helped One Operator Recover Millions in Aged Accounts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>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 <a href=\"https:\/\/ltcally.com\/services#revenue-cycle-management\">accounts receivable, billing, and collections<\/a> teams stepped in to help recover a significant number of aged claims, the vast majority of which were well over a year old.&nbsp;<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ltcally.com\/articles\/ltc-rcm-case-study\/#How_LTC_Ally_Helped_One_Operator_Recover_Millions_in_Aged_Accounts\" >How LTC Ally Helped One Operator Recover Millions in Aged Accounts<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ltcally.com\/articles\/ltc-rcm-case-study\/#Download_Case_Study\" >Download Case Study<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ltcally.com\/articles\/ltc-rcm-case-study\/#Within_3_months_we_increased_this_operators_revenue_by_15_and_recouped_millions_in_claims_over_1-year-old\" >Within 3 months, we increased this operator\u2019s revenue by 15% and recouped millions in claims over 1-year-old<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ltcally.com\/articles\/ltc-rcm-case-study\/#Speak_to_an_Expert\" >Speak to an Expert<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ltcally.com\/articles\/ltc-rcm-case-study\/#Follow_Us_on_LinkedIn\" >Follow Us on LinkedIn<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p>See how outsourcing with LTC Ally\u2019s revenue cycle management services can rapidly improve billing and collections practices and bring you greater peace of mind.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Download_Case_Study\"><\/span>Download Case Study<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-30c017f5-de37-42ee-a017-0020b7b9d0b7\" href=\"https:\/\/ltcally.com\/articles\/wp-content\/uploads\/2022\/06\/LTC-Ally-RCM-Case-Study.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Case Study: Repairing an Operator&#8217;s Revenue Cycle Management<\/a><a href=\"https:\/\/ltcally.com\/articles\/wp-content\/uploads\/2022\/06\/LTC-Ally-RCM-Case-Study.pdf\" class=\"wp-block-file__button\" download aria-describedby=\"wp-block-file--media-30c017f5-de37-42ee-a017-0020b7b9d0b7\">Download<\/a><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Within_3_months_we_increased_this_operators_revenue_by_15_and_recouped_millions_in_claims_over_1-year-old\"><\/span>Within 3 months, we increased this operator\u2019s revenue by 15% and recouped millions in claims over 1-year-old<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>Outsourcing your long-term care facility\u2019s 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.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Speak_to_an_Expert\"><\/span><a href=\"https:\/\/ltcally.com\/contact\">Speak to an Expert<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Follow_Us_on_LinkedIn\"><\/span><a href=\"https:\/\/www.linkedin.com\/company\/ltc-ally\">Follow Us on LinkedIn<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<p>Related Articles:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><a href=\"https:\/\/ltcally.com\/articles\/meet-ltc-allys-executive-vp-of-revenue-cycle-management\/\">Meet LTC Ally\u2019s Executive VP of Revenue Cycle Management<\/a><\/li><li><a href=\"https:\/\/ltcally.com\/articles\/the-ltc-providers-playbook-q2-2022-edition\/\">The LTC Provider\u2019s Playbook: Q2 2022 Edition<\/a><\/li><li><a href=\"https:\/\/ltcally.com\/articles\/long-term-care-change-of-ownerships-q1-2022-ltc-ally\/\">Making Waves in LTC: Q1 Acquisitions and Change of Ownerships<\/a><\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>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 <a href=\"https:\/\/ltcally.com\/articles\/ltc-rcm-case-study\/\" class=\"more-link\">&#8230;<span class=\"screen-reader-text\">  Optimizing a Long-Term Care Operator\u2019s Billing + Collections<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[24],"tags":[27,7,34],"class_list":["post-3773","post","type-post","status-publish","format-standard","hentry","category-case-studies-infographics","tag-back-office-solutions","tag-collections","tag-outsourcing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Optimizing a Long-Term Care Operator\u2019s Billing + Collections | 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