20-30% of bad debt accounts likely meet your charity guidelines
Client Experiences
Connance products will have a positive impact on your bottom line -- configured to fit your operation and supported from the very first day of implementation, users enjoy better cash performance, lower operating costs, step changes in control and compliance and improved patient experience. We invite you to read their stories and hear them describe their experiences firsthand.
Health System Increases Cash by Nearly $1 Million Each Month with Connance Agency Manager
A $1Bn+, not-for-profit health system deployed Agency Manager to simplify the management of outsourced patient collections. With Agency Manager, the provider incorporated more vendors, reduced administrative costs, improved performance reporting and upgraded collection policies and procedures leading to an almost 30% increase in network productivity -- worth almost $1 million in more cash each month.
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Revenue Cycle Vendor Raises Cash Yield 30% with Connance Scoring
A leading revenue cycle vendor sought to improve their cash collection performance on self-pay accounts - both uninsured and balance after insurance. With tight budget constraints, adding resources to solve the problem was not a viable option. Instead, the vendor utilized Connance Scoring to segment and prioritize their work efforts, and in a little over two months, recovery had increased more than 30% with existing resources and additional opportunities for improvement had been identified.
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"It is fun to be in a situation where I can get a win-win-win. By helping hospitals and vendors work together more efficiently, I am helping patients resolve bills faster and with less confusion. Hospitals realize less bad debt and build more goodwill, while agencies and other vendors resolve accounts faster."