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CASE STUDIES

by Plutus Health

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CASE STUDIES
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Case studies
September 19, 2023

Significantly improved AR of a cardiology practice within 120 days

by Plutus Health
Coding Quality of Nephrology Practice Reached 98%Download PDF

The Client: 

The client is Cardiology practice based in Dallas, Texas.

The Challenge:

  • Delays in payment posting
  • Loopholes in the verification process
  • Delays in sending patient statements
  • Limited in-house billing resources
  • Shortage of certified coders to audit Superbills

Solutions: Identified and Implemented by Plutus Health 

  • Rigorous claims scrubbing before submissions
  • Proactive fixing of rejections
  • Timely eligibility verifications
  • Monthly sending of patient statements
  • Aggressive follow-up of all account receivables
  • All payments posted within 2 days
  • Claims transmitted daily within a 48-hrs Turn-Around-Time

Result: Improvement in AR 

Month Age 0-30 Age 31-60 Age 61-90 Age 91-120 Age 120+ Total
Day 1 $554,059.65 $573,379.31 $588,298.54 $557,551.61 $553,997.44 $2,927,266.55
120 days later $511,492.61 $229,587.37 $10,248.58 $7,768.70 $31,961.51 $791,055.17

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