Tag: AR Management

Accounts-Receivable-Services-Are-Vital-for-Businesses

Why are Accounts Receivable Services Vital for Businesses?

You can use the time & expense you save by outsourcing to improve your sales, marketing, or research while building closer relationships with your clients. The revenues or money the business will receive from its clients who have financed their purchases of its goods and services are known as accounts receivable. Accounts receivable services assist […]
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KPIs-that-Impact-Your-Revenue

Three KPIs that Create an Impact on Your Revenue

In 30 years of running revenue management the usual suspects come up in a Key Performance Indicator (KPI) Dashboard such as Charges, Payments, Adjustments, Net Collection, Gross Collection, Days in AR, AR over 90 Days and Bad Debt. Then you have the breakouts for each category by payer, CPT Code, Location, or ICD Code. There […]
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10-Steps-Will-Help-You-Prevent-Denials

10 Steps Will Help You Prevent Denials

Healthcare policies and rules are continuously changing, and it’s important to stay on top of what all insurance carriers are doing and how their changes impact your practice’s revenue cycle. This, as well as managing your accounts receivable (A/R), is the best way to ensure your cash flow does not bottleneck and cause damage to […]
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