Understanding the Concept of Accounts Receivable (AR) Days

The component of accounts is present almost everywhere; even in Medical practices. Now that has been mentioned, there is need to provide evidence. Let’s take the example of accounts receivable day (herein abbreviated as AR) and how it impacts the field. Definition Accounts receivable days is an accounting concept related to accounts receivable (as is…

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What is the ‘right’ choice for managing your Medical Billing: In-house vs. Outsourced?

The financial performance of your medical facility is highly impacted by patient accounting, account receivable management, and medical billing. For you to maintain a good-performing practice/business and observe patient confidence, clear records must be maintained. Medical billing services handle accounts receivables functions every day to alleviate your adverse concerns related to payment thereby allowing you…

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