Administering the healthcare revenue cycle and payment process is one of the most costly and complex operational areas in existence today. As you strive to find better ways to manage payer contracts, determine eligibility, generate accurate primary and secondary claims, manage the receivables collection process, post patient and non-patient payments, process disbursements and invest working capital, you need a cash management partner who understands your numerous and unique needs. The Bank of New York Mellon can help you with all of these challenges and more.

Through our full suite of working capital management solutions — and flexible, integrated, value-added options that are designed especially to help our healthcare clients better manage the revenue cycle and beyond — we aim to support your efforts to reduce Accounts Receivable days outstanding, collect and reconcile Point-of-Service payments, electronically post remittance and denial data, streamline the process for investing short-term working capital, and much more. And we're always keeping our finger on the pulse of industry changes to maximize our value as a consultative solutions partner.

Here's how our healthcare experts strive to help you as you work to better manage your working capital and make every dollar work harder: