Case Study: Sleep Diagnostic Center reduces AR aging and recovers Medicare revenue with Neolytix

Sleep Diagnostic Center cuts 91–120+ day AR to 3.5% with Neolytix

Sleep Diagnostic Center, a multi-specialty behavioral health practice, was facing a severe revenue cycle crisis. Their challenges included extreme clinical documentation delays, with 71% of their accounts receivable aging beyond 30 days, and over $16,000 in Medicare payments being blocked due to credentialing issues. They engaged Neolytix to implement an integrated patient access solution.

Neolytix deployed a seamless workflow that unified marketing, credentialing, intake coordination, clinical documentation oversight, and revenue cycle management. This integrated approach eliminated disconnects, recovered the blocked Medicare revenue, and dramatically improved AR performance. The results included reducing 91-120+ day AR from 14% to 3.5% and improving 0-30 day AR inventory toward industry benchmarks, enabling the practice to scale patient volume while achieving financial health.

Sleep Diagnostic Center