CASE STUDIES

 

450-Bed Regional Hospital in Texas

Challenges

Weak revenue cycle leadership, lack of standardized processes for training, documentation, & staff evaluation, and poorly developed outsource arrangements.

Solution

We provided interim medical records, patient access, & business office leadership and replaced outsource company with our automated solutions software and proven operations strategy.

Results

Improved cash flow $21.3 million or 17% over previous yearly average, reduced DNFB by 5.5 days, and reduced bad debt from 4.2% of gross revenue to 3.1%.
$21 mil
17%
32%
400%

Average Monthly Increase in Cash Flow
Year Over Year Cash Flow Growth
Reduction in Net Days in Accounts Receivable
Reduction in Total Denials



537-Bed Regional Hospital in the Southeast

Challenges

Growing accounts receivables and shrinking monthly cash flow after a patient accounting system conversion and weak revenue cycle leadership.

Solution

We provided interim business office leadership and implemented Texican automated solutions software to replace poorly performing system.

Results

Improved cash flow $29.1 million or 13% over previous yearly average, reduced total accounts receivable by 17%, and reduced service level denials 33%.
$29 mil
13%
38%
50%

Increase in Incremental Cash Flow
Year Over Year Cash Flow Growth
Reduction in Net Days in Accounts Receivable
Reduction in Medicare Claim Denials



 

800-Bed 5-Hospital System in the Southeast

Challenges

Weak revenue cycle leadership, escalating days in A/R, decreasing monthly cash flow, and poor communication between revenue cycle departments.

Solution

We provided interim patient access and business office leadership and implemented our automated software and operations management systems.

Results

$11.6 million increase in cash flow over baseline in 3 month period after engagement and system has maintained net A/R days in low 50s for past 3 years.
$45 mil
24%
42%
$3.3 mil

Increase in Cash Flow
Cash Flow Growth
Reduction in Net Days in Accounts Receivable
Avg. Monthly Cash Flow Increase



What Our Clients Say

“Texican helped us achieve great results in the financial turnaround of our business office. Their highly skilled personnel and attention to detail generated significant additional cash flow for our organization”
Florida, Hospital
“With the assistance of Texican’s highly knowledgable staff our team was able to focus on recent receivables while they identified issues afflicting past receivables and solved existing problems. It was very refreshing to receive weekly reports on the project status, knowing it would be on time.”
California, Hospital
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