Maximizing Your Revenue: The Importance of Effective Account Receivables Management
Effective management of account receivables is critical to the financial success of any healthcare practice. Account receivables (AR) are amounts due from patients, insurance companies, or other third-party payers for services provided by the healthcare provider. As medical billing can be a complex and time-consuming task, partnering with a medical billing company like Claims Med can be a great way to streamline your AR process and maximize your revenue. Here are some tips on how to work on account receivables for the practice and how Claims Med can help.