“As the Finance Director, I am dependent upon data accuracy and timely relevant information when managing our finances for our billing of services. Previously for years, we struggled with reimbursement for our therapy services because we lacked some client specific information, real time data or concise reports to help us make decisions in the collections process. Then we made the decision to invest in KaleidaCare’s revenue management module, which has allowed all of our billing tasks to be automated from the point our therapist enter the session note to the day of collection. We have also eliminated the double entry processes into multiple portals with the use of KaleidaCare’s clearinghouse services. We have been able to convert to a completely paperless system, access relevant reporting data and effectively manage our payment streams as a direct result of our investment. Since our implementation, our days in accounts receivable have been reduced from over 150 days to less than 30 days. We were able to timely discover, analyze and collect approximately $30,000 of outstanding revenue that had been denied for payment. Without the reporting tools available in KaleidaCare, this could have easily continued unnoticed and ultimately would have fallen to an uncollectible status. The return on our investment in KaleidaCare has exceeded our expectations in lowering our net cost of doing business in an ever changing industry.”