The Bad Debt Playbook: How to Maximize Outcomes and Accelerate Cash Flow

Thursday, March 21st, 2024 | 12:00 PM - 1:00 PM CT

Unpaid bills, whether stemming from patient financial constraints or complexities in insurance reimbursement, place growing pressure on healthcare organizations' cash flows. As financial challenges continue to mount, it's critical for healthcare organizations to enact strategies to quickly generate cash flow for non-performing patient receivables.

This webinar will cover the benefits and accounting considerations of different bad debt management strategies, how to maximize returns from debt recovery partners and innovative approaches to managing bad debt. Attendees will also learn how a national physician group implemented a strategy that generated predictable cash flows while maintaining positive patient engagements. 

Key learnings: 
 
  • The benefits and accounting considerations of different strategies for managing non-performing patient receivables vs. writing off bad debt
  • How debt sales and debt financing affect CMS filings and bond covenants from an accounting standpoint
  • Strategies for maximizing returns on non-performing AR to accelerate cash flow and generate liquidity
 

Presenters:

 

sschrader-beckers - Sydney Mason

Scott Schrader

President & Chief Commercial Officer, Pendrick Capital Partners

 

Tawny Schaeffer - Headshot - Sydney Mason

Tawny Schaffer

Managing Director, CFO Advisory Services, Armanino