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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Patients seeking more convenient ways to engage with Pediatricians in 2016

Health apps are exploding in use.  Smart Phone users download and use apps to track and monitor their health.    A PwC report reported in 2015 that about 1 out of 3 smart phone users have a healthcare app on their phone.  Think beyond the fitness tracking and toward EKG monitors, glucose trackers, and other medical monitoring…

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