Retiring and archiving legacy systems for compliance, record keeping is a necessity. Archiving enables you to decommission all associated hardware and software after retirement, eliminating the maintenance costs associated with these outdated systems.
Benefits of Archival and Retirement of Legacy Solutions
A critical component of legacy system retirement is how outstanding Accounts Receivables (A/R) are managed. Hospitals and medical practice must weigh collection of outstanding A/R when replacing legacy systems.
Working with a vendor that offers these solutions can be beneficial in many ways. Here’s how they can help:
—Provide a cost-effective alternative to working post-sunset A/R with limited disruption to staff, users, and patients
—Ensure cash collections remain at or exceed current performance
—Allow your leadership team to focus on successful implementation and training of the new system
—Expedite the legacy system retirement
—Maintain the legacy system for a period while collecting outstanding balances or selling off debt to collection agencies can prove to be more cost effective
Find Your Perfect Match Today
revcyclematch.com reinvents the way you find your next revenue cycle business partner. Our platform is free-of-charge for providers and serves to eliminate false starts and service mismatches that slow down your business and cost you money.
We’ve done the heavy lifting for you, so all that is left is choosing the best fit. Our matching protocol means you only get responses from subscribed vendors who meet your specific business requirements. We value privacy, so revcyclematch.com enables you to search the platform anonymously until you decide to make a match. By using revcyclematch.com, you can quickly and effectively find your next revenue cycle partner.
Sign Up Today
But first, be sure to sign up and complete your profile today. It just takes a few minutes and it’s free!
