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…
DetailsDVT, widely known as Deep Vein Thrombosis is a condition where blood clots/clot form in a deep vein located in the thighs and legs. This is a very serious condition because it can very easily break loose and move to the lungs. The patient is likely to develop anxiety, nervousness, unexpected shortness of breath, dizziness,…
DetailsThe 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…
DetailsHealth 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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