tci Part B Insider - 2016 Issue 4

Part B Revenue Booster: Boost Your A/R Now With These 10 Expert Tips

If you don’t scrutinize your accounts receivables, you’re probably losing thousands. You’ve stayed on top of the coding changes, educated your doctors about new coverage decisions and update your electronic billing systems periodically—so you should be collecting all the money you deserve, right? Not always. Without a way to keep your accounts receivable (A/R) process on track, you could be bleeding cash. A/R defined: Accounts receivable (A/R) is the money that is owed to the practice. If you aren’t aware of what your A/R looks like at any given time, you are leaving out...

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