KYAR: Know Your Accounts Receivable in Revenue Cycle

Healthcare CFOs and revenue cycle leaders can use the KYAR to evaluate their current revenue cycle scores with MGMA benchmarks for:

Days in Accounts Receivable (A/R Days)

Strive for a target range of 30 to 40 days or fewer for optimal cash flow.

Percentage of A/R Over 90 Days

Aim to keep this percentage below 12% to maintain financial health.

Net Collection Rate

Aim to keep this percentage below 12% to maintain financial health.

Credit Balance as a Percentage of Total A/R

Ensure this remains under 5% to minimize financial inconsistencies.

Denial Rates

Work towards a rate of less than 5% to improve revenue cycle performance.

Cost to Collect

Maintain this cost at less than 15% of collections for better profitability.

How Does Know Your AR Work?

Evaluating Critical Aspects

Performing initial historical data analysis and comparing it with your financial goals.
Focusing the evaluation on AR activities that negatively impact cash flow.
Creating data that will assist you in audits for the long-term RCM performance.

MGMA Benchmarking

Implementing front & back-end revenue cycle MGMA KPIs.
Measuring staff error rates from operational benchmarking.
Monitoring patient, payer, and provider revenue cycle issues.

Regular Reporting

Enabling RPA for HIMS to reduce manual reporting tasks up to 2400 hours a year.
Generating customized charge lag and timely claim submission, AR aging reports.
Creating patient balance or educational reports on responsibilities.

AI-Enabled AR Analytics

Use of dedicated AI to analyze the complete AR, denials, and other provider credentialing-related issues and provide guided steps with ML predictive algorithms.

Begin the First Step of KYAR and Calculate for Yourself

Start knowing your AR now!

MGMA Benchmark Driven AR Analysis

Balance in 0-30

Balance in 31-60

Balance in 61-90

Balance in 91-120

Balance in 120+

Reimbursement Analytics

Are you waiting too long to get reimbursed??

Average Reimbursement Period

Charge Submission Velocity

You work a lot. Do your charges reflect that?

Number of patients per day

Number of Charges per day

Avg Charges Value

Eligibility Verification

Check patient eligibility. Rinse. Repeat.

Do you check your patients insurance eligibility status? yes No

Personal Details

Let's start recovering revenue right away!!

Name

Contact Number

Email Address

Schedule a call with us to
get a comprehensive KYAR audit!

Schedule a call with us to
What do you get from the KYAR?

Expert Guidance

Insights provided by healthcare leaders with 20+ years of experience will guide your healthcare organization to reach financial glory.

Customized MGMA Reports

Choose from a wide range of MGMA KPIs compared to reports that give you crystal-clear information on your revenue cycle health.

Data-Backed Prioritization

Leverage data-backed priorities that need immediate addressing to reduce significant bad debt write-offs or adjustments.

AI-Enabled Analytics Platform

Get interactive analytics from our AI-driven AR analytics platform that provides the highest probability of action for better reimbursement.

Drive better cash flow on your
critical revenue cycle priorities.

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Know Your AR (KYAR) in Healthcare Revenue Cycle

Dive deep into the evidence-based strategies of successfully driving your Accounts Receivable (AR) within your revenue cycle processes with our cutting-edge thought leadership document.

Healthcare CFOs and revenue cycle leaders can use the KYAR to evaluate their current revenue cycle scores with MGMA benchmarks for:

Days in Accounts Receivable (A/R Days)

Percentage of A/R Over 90 Days

Net Collection Rate

Credit Balance as a Percentage of Total A/R

Denial Rates

Cost to Collect

How Does Know Your AR Work?

Evaluating Critical Aspects

MGMA Benchmarking

Regular Reporting

AI-Enabled AR Analytics

Begin the First Step of KYAR and Calculate for Yourself

Start knowing your AR now!

Reimbursement Analytics

Charge Submission Velocity

Eligibility Verification

Personal Details

Schedule a call with us to
get a comprehensive KYAR audit!

Schedule a call with us to
What do you get from the KYAR?

Expert Guidance

Customized MGMA Reports

Data-Backed Prioritization

AI-Enabled Analytics Platform

Drive better cash flow on your
critical revenue cycle priorities.

Know Your AR (KYAR) in Healthcare Revenue Cycle

Dive deep into the evidence-based strategies of successfully driving your Accounts Receivable (AR) within your revenue cycle processes with our cutting-edge thought leadership document.

Healthcare CFOs and revenue cycle leaders can use the KYAR to evaluate their current revenue cycle scores with MGMA benchmarks for:

Days in Accounts Receivable (A/R Days)

Percentage of A/R Over 90 Days

Net Collection Rate

Credit Balance as a Percentage of Total A/R

Denial Rates

Cost to Collect

How Does Know Your AR Work?

Evaluating Critical Aspects

MGMA Benchmarking

Regular Reporting

AI-Enabled AR Analytics

Begin the First Step of KYAR and Calculate for Yourself

Start knowing your AR now!

Reimbursement Analytics

Charge Submission Velocity

Eligibility Verification

Personal Details

Schedule a call with us to get a comprehensive KYAR audit!

Schedule a call with us to What do you get from the KYAR?

Expert Guidance

Customized MGMA Reports

Data-Backed Prioritization

AI-Enabled Analytics Platform

Drive better cash flow on your critical revenue cycle priorities.

Schedule a call with us to
get a comprehensive KYAR audit!

Schedule a call with us to
What do you get from the KYAR?

Drive better cash flow on your
critical revenue cycle priorities.