One practice fixed a broken rev cycle model, and now gets cash in 12 days instead of 90

Televero Behavioral Health's CEO discusses this architectural change, which helped the practice to be cash positive six months ahead of plan, with a 97% first-time claim approval and 90% collection at the point of service. Every healthcare practice has a cash conversion cycle, and for most practices that cycle runs 60 to 90 days from service delivered to cash in the bank. The working capital trapped inside it is the biggest drag on enterprise value. The industry has built a whole discipline around managing that trapped cash – revenue cycle management – but there's a category problem buried in that…

Bill Siwicki · 2026-05-12

Every healthcare practice has a cash conversion cycle, and for most practices that cycle runs 60 to 90 days from service delivered to cash in the bank. The working capital trapped inside it is the biggest drag on enterprise value. The industry has built a whole discipline around managing that trapped cash – revenue cycle management – but there's a category problem buried in that name.

THE CHALLENGE

Source: Healthcare IT News