Case Study: Multi-facility Urology ASC generates $500K+ from aged AR with Plutus Health

Multi-facility Urology ASC generates $500k+ from dead AR with Plutus Health

The customer, a multi-facility urology ASC, faced significant challenges with its aged accounts receivable, as 95% of the contracted inventory was over a year old. Due to issues from Covid-19, many claims had been purged by insurers and requested medical records were never sent. Plutus Health was engaged to address this problem.

Plutus Health strategically appealed denials based on payer policies, segregated purged in-network and out-of-network claims, and rigorously followed up within timely filing limits. As a result, Plutus Health generated over $500,000 in revenue from the dead AR inventory and collected $150,000 within the first 30 days, cleaning the entire AR inventory within three months.