fbpx
×

A Message to Our Valued Clients

In the interest of public health and the safety of our community, and in compliance with Governor Cuomo’s executive order, Freed Maxick has suspended onsite client work and cancelled all office visits. Meanwhile, our team is working remotely to provide the same high-quality service you have come to expect. Utilizing the best technology at our disposal, we will continue to meet all of your audit, tax, and advisory needs and help you navigate the business implications of the pandemic as it unfolds. You can reach your Freed Maxick representative directly by email or phone, or contact our main line at 716.847.2651.

Healthcare Consulting - Buffalo Rochester NY
Healthcare Consulting - Buffalo Rochester NY
Healthcare Consulting - Buffalo Rochester NY
Healthcare Consulting - Buffalo Rochester NY

Accounts Receivable and Cash Collections Assessment

Accounts Receivable and Cash Collections Assessment


We will perform a comprehensive review of aged accounts receivable. This will include selecting a sample of accounts to evaluate effectiveness of current follow up and collection procedures, and identify root cause problems impacting timely collections. We will focus on opportunities to accelerate cash collections and the subsequent reduction of days outstanding in accounts receivable.

Cash Collection Assessment

Our assessment includes the following:

  • Breakdowns in eligibility determination and concurrent review process
  • Delays in the billing and claim submission process
  • Delays in the claim adjudication process
  • Uncollectible accounts receivable
  • System functionality optimization targets
  • Enhancements to accounts receivable management reports and follow up tools