In the dynamic business world, cash is king. And at the heart of healthy cash flow lies effective Accounts Receivable (AR) management. Accounts Receivable represent the money owed to your business by customers for goods or services already delivered on credit. While it signifies sales and future income, if not managed diligently, it can quickly […]
Cash is like oxygen for start-ups; founders sometimes take it for granted, but it keeps your business alive. Even if you have a great product, growing revenue, and a steady talent pipeline, your company is dead if you run out of cash. Given the importance of cash, cash management — which includes managing runway and […]
Payment collection continues to be a challenge for healthcare providers. As we previously reported for Physician’s Practice, studies have indicated that doctors only collect 12% of what they are owed at the time of service, and in two out of three visits they collect nothing upfront at all. This means that physicians are sending bills to collect […]