Occupancy is up. So is the money owed by insurers.
As more patients use insurance, more of a hospital's revenue arrives late, and some of it never arrives at all because of claim deductions. At the same time, equipment, staff and consumables are paid for up front. A busy hospital can be short of cash every month.
One healthcare client describes what a thorough business assessment showed them:
Soatech’s thorough Business Assessment opened our eyes showing us several areas to improve resource utilization, follow statutory compliance, optimize cash flow. Soatech asked us several tough questions that every business owner should ask themseves. I believe implementation of just a few suggestions given by Soatech team could save us multiple times of fees we would pay them.
Quoted word for word from our clients. Some quotes use our former name, Soatech.
Follow ₹25 crore of revenue through a typical multi-specialty hospital
Here is the cash cycle of an illustrative 80-bed hospital with a large insured patient base:
At ₹25 crore of sales a year, 35 days means about ₹2.4 crore is permanently tied up in the cycle. That is what your bank limit and your own capital are really funding. Settle claims 15 days faster and about ₹1.0 crore comes back, with no new loan and no new customer.
Illustrative composite figures, not a client's. Your own cycle comes straight from your balance sheet: stock, receivables and payables, each divided by a day's sales or purchases.
Six money problems specific to healthcare
TPA and insurance receivables
Claims settle late and with deductions. We track every claim, analyse deductions by reason and fix the documentation that causes them.
Revenue by department and doctor
Some departments subsidise others. We show contribution by department, procedure and consultant.
Doctors' payouts
Revenue-share, retainers and visiting-consultant fees need clear, documented arrangements and correct TDS. We set them up properly.
Equipment finance
Scanners and theatre equipment are expensive and age fast. We fund them over their life and measure their earnings.
Pharmacy and consumables
Expired stock and leakage cost money. We set stock controls and reconcile consumption.
Compliance gaps
Statutory compliance across staff, tax and licences must be complete. We map gaps and close them.
Want a CFO to look at your numbers?
A senior CFO reviews your figures with you and shows you where to improve. No cost, no obligation.
How we strengthen a hospital's finances
A business assessment
Resource use, compliance, cash and the tough questions owners should ask.
Department and doctor profitability
Monthly, with procedure-level detail where it matters.
A claims tracker
Every insured claim from admission to settlement, with deductions analysed.
Equipment and capex planning
Funded properly, with utilisation measured.
Cash forecasting by payer
Cash, insurance, corporate and government, on real settlement patterns.
Check your own numbers
Build a 13-week cash view around your payer mix:
Ask CFOAvatar about your hospital
What clients say
Some of the businesses we work with.
They have facilitated us in putting both process and financial systems in place as well as take some very difficult but required decisions. We are indeed pleased to record our appreciation of their individualized, friendly and timely support in our activities during the course of their association.
Soatech is perfect for a company like ours that doesn’t have an in-house Accountant / CFO. They are very professional and do things in a timely matter. They always get right back to you with an answer to your question.
Quoted word for word from our clients. Some quotes use our former name, Soatech.
Questions owners ask us
How can a hospital reduce TPA claim deductions?
Track deductions by reason, fix the documentation and tariff issues behind them, follow up every claim on a fixed schedule, and renegotiate tariffs with the insurers who deduct most.
Do you work with diagnostic centres?
Yes. We measure revenue and cost per test and machine, document fee and referral-partner arrangements with your legal adviser, and plan equipment finance.
Can you help structure payments to doctors?
Yes. We help document fee arrangements clearly and make sure TDS and accounting are correct, working with your legal adviser.
