Healthcare providers face unique challenges when it comes to managing their revenue cycle. From billing and claims processing to payment collection and patient communication, there are numerous stages to manage and keep track of. That’s why many providers are...
Accounts receivable (AR) in medical billing refers to the total amount of money owed to a healthcare provider for services rendered but are yet to be collected. It denotes the outstanding payments due from patients, insurance companies, and other third-party payers...
Healthcare Accounts Receivable (AR) is the money owed to a medical practice for services provided and billed. Days in AR are the average number of days it takes for a practice to collect payments that are due. Healthcare receivables management is all about reducing...