Illuminated Path: Shining a Light on Healthcare's Best Operational Practices

Cash Acceleration Solutions to Mitigate Financial Challenges During and After the COVID-19 Pandemic

June 10, 2020 Intalere: Healthcare Supply Chain Management Season 4 Episode 15
Illuminated Path: Shining a Light on Healthcare's Best Operational Practices
Cash Acceleration Solutions to Mitigate Financial Challenges During and After the COVID-19 Pandemic
Chapters
Illuminated Path: Shining a Light on Healthcare's Best Operational Practices
Cash Acceleration Solutions to Mitigate Financial Challenges During and After the COVID-19 Pandemic
Jun 10, 2020 Season 4 Episode 15
Intalere: Healthcare Supply Chain Management

There is a growing concern in the healthcare industry about increased Accounts Receivable (A/R) due to administrative staffing shortages and changes in work environment such as working remotely due to the pandemic. Compounding this, there will surely be a reduction of new revenues as a result of delays in surgical procedures, reduction in elective surgeries and other services, all while new expenses mount. Intalere Solutions Executive Donna Showers shares how collections from old A/R can help bridge the revenue gap and other strategies organizations can implement to mitigate these concerns and keep their cash flow and margins secure. 

Show Notes

There is a growing concern in the healthcare industry about increased Accounts Receivable (A/R) due to administrative staffing shortages and changes in work environment such as working remotely due to the pandemic. Compounding this, there will surely be a reduction of new revenues as a result of delays in surgical procedures, reduction in elective surgeries and other services, all while new expenses mount. Intalere Solutions Executive Donna Showers shares how collections from old A/R can help bridge the revenue gap and other strategies organizations can implement to mitigate these concerns and keep their cash flow and margins secure.