In the simplest terms, your A/R is the health monitor for your practice’s cash flow. The longer your billing sits in A/R, the less likely you are to retrieve revenue. Two major influencers of extended A/R are untimely filing and denials/rejections.
In the simplest terms, your A/R is the health monitor for your practice’s cash flow. The longer your billing sits in A/R, the less likely you are to retrieve revenue. Two major influencers of extended A/R are untimely filing and denials/rejections.
You can find your A/R information by logging in to your current billing system and running a report…
Timely filing is an important step in this process. Filing in a timely manner helps your revenue stay consistent and allows any denials or rejections to be reworked quickly, keeping your A/R as close to current as possible.
Recent studies have shown that 50% of denied or rejected claims don’t get reworked. That ends up as lost revenue. We’ll rework your denied and rejected claims ASAP to help you keep your cash flow steady.
*Average days in A/R is dependent on the timely filing of documentation from your providers.
Our expertise and efficient processes could help you shift your A/R to receive your reimbursements faster and more effectively.
Use our real-time tool below to check the health of your A/R. Your data will not be saved.
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