When converting to a new revenue cycle platform, best practices mean outsourcing your legacy accounts receivable (A/R) to an experienced outside vendor.
Because a successful legacy A/R wind-down is such a vital job, proper preparation in the pre-conversion process means issuing a request for proposal (RFP), providing enough information to generate a good response from candidates, evaluating candidates and their fit for your need, and allocating enough time to move through the contracting phase.
It’s best to secure your vendor nine to 12 months before your go-live so that you can resolve your legacy A/R six to nine months before go-live. But before you start the vetting process for your vendor, consider the following checklist:
Contact Parallon with your questions on going through a revenue cycle platform conversion.