Combined Efforts, Improved Revenue

See how Radiologybill has helped one practice decrease debt and maximize profitability with proven collection efforts.

About Richmond Radiologists

Richmond Radiologists, Inc. is a nine doctor radiology group working in seven facilities, including three hospitals that has been providing expert quality imaging since 1974. More than 125,000 procedures are performed each year.

Bill Reminders – Early Out Service

Bill Reminders are a cost effective, fixed price service ideal for Self-Pay accounts 30 days from the date of service. Radiologybill recovered an additional 32.5% of revenue from early out collections services. This brought Richmond Radiologists total revenue to 57.5% at day 90 in the revenue cycle.

Richmond-Radiologists-Collection-Results
Richmond-Radiologists-Bill-Reminders

Collection Results

Richmond Radiologists placed $8,899,911 and Radiologybill has recovered $2,190,824. The result is a 25% liquidation rate on accounts older than 150 days from the date of service. Radiologybill’s results are in addition to their existing in house recovery efforts.

Let Us Help You Recover Lost Revenue.