Is Your OBGYN Practice Sitting on Six Figures of Recoverable Legacy AR?
A healthy patient schedule does not always mean a healthy revenue cycle. For many OBGYN practices, the real financial opportunity may already be sitting inside the accounts receivable (AR) report. Claims that are 90, 120, or even 180+ days old are often treated as difficult or uncollectible. But some of that legacy AR may still be recoverable with the right strategy. For a high-volume OBGYN practice, recovering even a portion of old receivables can mean hundreds of thousands of dollars in additional cash flow. What Is Legacy AR? Legacy AR refers to outstanding balances that have remained unpaid for an extended period. These balances can come from denied claims, underpayments, unresolved payer disputes, coding issues, missing documentation, authorization problems, or claims that were never properly followed up. Over time, old AR becomes harder to collect. Timely filing deadlines can expire, documentation may become difficult to locate, and payer records may require additional research. ...