9 key questions to ask when managing AR during an IT transition
Healthcare organizations face increasing pressure to adjust to new incentives and business drivers, such as reducing costs and engaging patients. Providers are becoming increasingly reliant on their IT systems to support their efforts, but many times, the systems that are in place can’t get the job done, contends Hayes Management Consulting in a recent article. AR drives an organization’s cash flow and must be managed carefully during a system conversion.
Changing to new practice management systems creates a variety of problems, particularly in the financial arena. Hayes recommends asking specific questions to determine the impact on accounts receivable.