Tuba City Regional Health Care Corporation Teams Up with Stockell Healthcare Systems to Increase Cash Flow, and Reduce Both AR Days and Outstanding AR Balance

ST. LOUIS, Oct. 28, 2014 /PRNewswire/ -- In May of 2013, Stockell Healthcare Systems reached an agreement with Tuba City Regional Health Care Corporation (TCRHCC) of Tuba City, Arizona to provide the organization with a full suite of business office services including Billing and Collections, Revenue Recognition, Coding, Electronic Forms Capture, Reports, and Decision Support.

Already a long-time user of company's InsightCS® Patient Accounting and Billing solution, TCRHCC's plan was to work together with the Stockell Healthcare Systems team to increase cash flow, and reduce both AR days and outstanding AR balance.

The plan has been a rousing success.  As of September 30, 2014 versus the same date in 2013:

• Cash receipts were up over $380,000.00 per month
• AR Days were down over 48%
• Outstanding AR balance was reduced by over 45%

Bill Phillips, CFO at Tuba City stated, "Stockell has been instrumental in improving all aspects of our revenue cycle, including the development of a dashboard reporting system, and, in so doing, has assisted the Corporation in its efforts to improve efficiency."

Rick Stockell, President of Stockell Healthcare added, "Tuba City Regional Health Care Corporation is an outstanding organization, and it is a pleasure to work for and with them.  Together, through hard work, we have been able to achieve some pretty significant results enabling the organization to obtain the successes it has earned."

About Tuba City Regional Health Care Corporation

Tuba City Regional Health Care Corporation, a Joint Commission accredited health center operating as a private nonprofit healthcare organization under the Indian Self-Determination Act P.L. 93-638, provides services to a 6,000 square mile area and serves as a referral center for the western part of the Navajo and Hopi Reservations.

The hospital was constructed in 1975 with a bed capacity of 73. Services provided to the community include comprehensive inpatient/outpatient emergency services; dental and ophthalmology services; orthopedics; OB/GYN; oral surgery; eye surgery; and urological procedures. Approximately 72% of the surgeries performed are out patient/ambulatory surgical procedures.  The Corporation provides 36,000 emergency visits, 150,000 clinic visits and fills 500,000 prescriptions annually.  Visit www.tchealth.org to learn more.

About Stockell Healthcare Systems, Inc.

Founded in 1997, Stockell Healthcare Systems is committed to providing forward-thinking Hospitals, Integrated Healthcare Networks, and Behavioral Healthcare Providers with innovative software solutions and services that enable them to better manage their revenue cycle and to deliver the most exceptional service to their own customers.  The Company's InsightCS® software solution provides an all-inclusive replacement for disparate Patient Access and Patient Accounting/Billing products and their dependent multiple bolt-on applications.  Visit www.insightcs.com to learn more.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tuba-city-regional-health-care-corporation-teams-up-with-stockell-healthcare-systems-to-increase-cash-flow-and-reduce-both-ar-days-and-outstanding-ar-balance-919637968.html

SOURCE Stockell Healthcare Systems, Inc.

Related Links

http://www.insightcs.com