Tag Archives | accounts receiveable

Turning Around a Troubled Revenue Cycle

Accurate, efficient revenue cycle management is essential to maintaining positive cash flow in a healthcare facility. Maintaining positive health care finances requires that claims processing and payments are effectively managed and that claims are “trackable at all points so issues can be addressed in a timely manner. First, hospitals must learn what their issues are […]

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3 Ways to Reduce the Aged Trial Balance Report

Healthcare providers need to get paid to survive. This might be the most basic business 101 principle, so why do many companies – particularly health providers – still struggle to reduce outstanding invoices? “Accounts receivable aging lists unused credit and unpaid invoices by date.” Unfortunately many patients don’t (or can’t) pay their health bills on […]

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