AR Wind Down Services | Close Out Legacy Accounts

Q: What is legacy AR wind-down in healthcare revenue cycle management?

Legacy AR wind-down is the structured process of managing and resolving outstanding accounts receivable from an old or decommissioned billing system, ensuring unpaid balances are worked through even after a system transition.

Q: When is legacy AR wind-down typically performed?

Legacy AR wind-down is most often done during or after a billing system conversion or EHR transition, when the legacy billing system is being retired and its AR cannot be fully migrated.

Q: Can legacy AR wind-down integrate with a new billing system?

Yes. Many wind-down solutions integrate with a provider’s new billing system, clearinghouses, ERA/EOB feeds, and archival systems so that outstanding balances continue to be worked efficiently.

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Smart Legacy AR Solutions

Expert Legacy AR Wind-Down Management

The biggest challenge faced by growing healthcare organizations is of managing legacy accounts receivable (AR) that are no longer a focus but still require attention to avoid revenue loss. Legacy AR wind-down can be a resource-intensive process that distracts from current operations. AnnexMed’s Legacy AR Wind-Down services are focused to help healthcare providers efficiently manage and close out these aging accounts, ensuring that no revenue is left uncollected.

Our approach to Legacy AR Wind-Down is methodical and thorough. We start by conducting a comprehensive assessment of the legacy AR portfolio to identify the most viable accounts for collection. Our team then implements targeted strategies to resolve these accounts, whether through follow-up with payers, patient outreach, or adjusting claims. Throughout the process, we maintain a strong focus on compliance and accuracy, ensuring that all collections are managed in accordance with industry standards and regulations.

By choosing AnnexMed for your Legacy AR Wind-Down needs, you can rest assured that your legacy accounts will be handled with the same diligence and care as your current AR, allowing you to focus on the future without losing sight of the past.

Legacy AR wind-down capabilities include:

Tailored
Wind-Down Strategy

Dedicated
Legacy AR Team

Denial
Resolution

Old Debt
Collection

Service Highlights

Comprehensive AR Assessment
Targeted Collection Efforts
Compliance Assurance
Detailed Reporting
Resource Optimization

Benefits

Maximized Revenue Recovery
Reduced Administrative Burden
Improved Focus on Current Operations
Compliance and Accuracy
Enhanced Financial Health

Achieve Measurable, Proven Results

Costs Reduced

upto

45%

Reduced operational costs

DNFB Reduced

upto

32%

Reduction in DNFB accounts

Improve Productivity

upto

72%

Productivity improvement

Reduction in AR

upto

36%

Reduction in aged A/R

Improved Collections

upto

98%

Achieve net collections

Reduce Denials

upto

72%

Decrease in denial rate

FAQs in Legacy AR Services

What is legacy AR wind‑down in healthcare revenue cycle management?

Legacy AR wind‑down is the structured process of managing and resolving outstanding accounts receivable from an old or decommissioned billing system, ensuring unpaid balances are worked through even after a system transition.

Why do healthcare organizations need legacy AR wind‑down services?

Providers need these services to collect revenue on old claims, avoid revenue loss from unresolved balances, reduce costs of maintaining outdated systems, and ensure compliance with financial reporting and retention requirements.

When is legacy AR wind‑down typically performed?

Legacy AR wind‑down is most often done during or after a billing system conversion or EHR transition, when the legacy billing system is being retired and its AR cannot be fully migrated.

Can legacy AR wind down integrate with a new billing system?

Yes. Many wind‑down solutions integrate with a provider’s new billing system, clearinghouses, ERA/EOB feeds, and archival systems so that outstanding balances continue to be worked efficiently.

What tasks are involved in a legacy AR wind‑down project?

Tasks include posting payments and adjustments, managing remittances and claims, generating patient statements, resolving aged claims, transferring data where necessary, and maintaining compliance with retention policies.

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Whether you need full-scale support or help with just one part of the revenue cycle, AnnexMed offers modular services tailored to your most pressing needs.

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