Case Study: Cardiovascular Consultants Medical Group achieves higher payments and lower A/R with Veradigm Allscripts Revenue Cycle Management Services

Cardiovascular Consultants Medical Group chooses Allscripts to combat costs

Cardiovascular Consultants Medical Group, a cardiology practice in Los Angeles, was facing rising operational costs and declining reimbursements, which were exacerbated by an inefficient in-house billing process that caused them to miss revenue. To combat this, the customer chose to partner with vendor Veradigm and implement its Revenue Cycle Management Services.

By implementing Veradigm's solution, the practice gained critical visibility into its financial operations, allowing it to create a more effective collection strategy. The vendor's services and expertise led to a 5% increase in payments within six months, a 42% reduction in accounts receivable time, and a 68% reduction in older outstanding receivables. This measurable financial improvement allowed the practice to lower overhead and refocus its efforts on its primary goal of delivering patient care.

Cardiovascular Consultants Medical Group

Kelli Nicholas

Practice Administrator