With Agnite's help, we were able to reduce our accounts receivable by 34% and our oldest accounts (aged over 120 days) by almost 50% within the first 6 months of our partnership.
NEW YORK (PRWEB) October 08, 2020
Michael Carroll, co-founder and CEO of Agnite Health LLC (Agnite) is pleased to announce a very successful outsourced billing partnership with the Department of Ophthalmology at New York Eye and Ear Infirmary of Mount Sinai (NYEE). According to Mr. Carroll, “We are now several months into our engagement and NYEE has been very pleased with the overall results of Agnite’s performance.” Agnite currently provides a complete billing and collections service for NYEE. Agnite’s services are comprehensive in nature. Agnite handles everything from charge posting to working accounts receivable.
Salvatore Loiacono, Deputy Chair of Administration and Finance at New York Eye and Ear Infirmary of Mount Sinai shared, “With Agnite's help, we were able to reduce our accounts receivable by 34% and our oldest accounts (aged over 120 days) by almost 50% within the first 6 months of our partnership. Managing our accounts receivable has been especially important with the financial challenges resulting from the Covid-19 pandemic, and Agnite has done an excellent job maximizing our cashflow to support the practice."
About Agnite Health LLC
Agnite Health LLC is a cost-effective billing and collections company that is a complete solution for all subspecialties in ophthalmology. We specialize in private practices, ambulatory surgical centers, academic eye centers, hospitals, and optical billing for practices. In today's economic environment as reimbursements continue to decline, many ophthalmologists, optometrists and management personnel rely on Agnite Health LLC as a trusted billing business partner. Agnite Health LLC is an affiliate of Advantage Administration, Inc.
About New York Eye and Ear Infirmary of Mt. Sinai
New York Eye and Ear Infirmary of Mount Sinai (NYEE) is located at East 14th Street and Second Avenue in lower Manhattan, New York City. Founded on August 14, 1820, NYEE is America's first specialty hospital and one of the most prominent in the fields of ophthalmology and otolaryngology in the world, providing primary inpatient and outpatient care in those specialties. Previously affiliated with New York Medical College, as of 2013 it is affiliated with the Icahn School of Medicine at Mount Sinai as a part of the membership in the Mount Sinai Health System.