System conversions have long been the bane of the revenue cycle’s existence. It is a rare occurrence when a conversion does not result in an increase in Days Revenue Outstanding and Days in Unbilled. When this happens, cash flow can slow to a crawl.
Because of Magnet Solutions’ platform independence, we can receive a file from the legacy system one day and a file from the new system the next, but still deliver written and verbal communications to your patients seamlessly. The last thing you need is to see your cash flow struggling during your greatest time of need. Let Magnet Solutions relieve some of the stress that accompanies any system conversion by ensuring your self-pay receivables do not skip a beat.