Tag: Accounts Receivable Management

AR teams

AR Teams in 2025: Balancing Human Expertise with Smart Automation

In the ever-evolving world of healthcare finance, Accounts Receivable (AR) management has taken center stage. As we step into 2025, AR teams face mounting pressure from rising claim denials, increased patient responsibility, frequent payer policy shifts, and workforce challenges. These dynamics have forced provider organizations to rethink how they manage AR—striving for efficiency, accuracy, and […]
Learn More
The Crucial Role of Accounts Receivable Services in Healthcare Practice

The Crucial Role of Accounts Receivable Services in Healthcare Practice

Accounts receivable (AR) services are often overlooked but play a crucial role in the financial health of any business. These services involve managing the process of collecting outstanding payments from customers for goods or services sold on credit. Effective AR management can significantly impact a company’s cash flow, profitability, and overall financial stability. The Importance […]
Learn More

5 Essential Tips to Reduce Accounts Receivable Turnaround Time

 When your medical practice submits a claim to a payer, the countdown begins until you receive the payment. Ensuring timely payment is crucial for your business, as delays can have costly consequences. Ideally, you should aim to clear accounts receivable within 30 days. To effectively reduce accounts receivable, it’s essential to implement efficient billing processes, […]
Learn More
x