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 […]
As a former emergency department physician from the U.K., this individual was well aware of claim denials and rejections, with payers frequently withholding or reducing payments. However, it was only when his personal insurance company, denied his medical claim for a vitamin D test that he decided to delve deeper into the issue. He found […]
In the healthcare industry, accounts receivable (AR) days are a critical metric that measures how long it takes for a healthcare provider to get paid for the services they provide. Long AR days can have a significant impact on a healthcare provider’s cash flow, making it difficult to operate and grow their business. There are […]