Old AR Recovery Services for Physicians Group

Understanding Old AR Recovery Old accounts receivable (AR) can significantly impact a physician group’s financial stability. Recovering these unpaid claims is essential to maintaining cash flow and optimizing revenue cycle management. MBC specializes in providing tailored solutions to recover aged claims effectively. Challenges in Recovering Old AR Complex Insurance Denials Aged claims often face denials […]

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Bridging the Gap: How Investing in Your Hospital’s Old AR Recovery Drives Financial Growth

Investing in recovering your hospital’s old Accounts Receivable (AR) is a strategic move toward ensuring long-term financial viability and growth. AR, representing outstanding payments owed for services rendered, plays a crucial role in hospital finance. Neglecting old AR can lead to decreased liquidity and increased bad debt write-offs, adversely affecting financial stability. Introduction Old AR […]

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Secure Your Million-Dollar Optometry Accounts Receivable

Managing the financial health of your optometry practice goes beyond providing exceptional eye care. Securing your accounts receivable ensures steady cash flow and sustained growth. This comprehensive guide delves into strategies explicitly tailored for optometrists to safeguard their million-dollar accounts receivable. We’ve got you covered, from optimizing billing practices to enhancing patient communication. 1. Understanding […]

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Decrease aging accounts receivable and increase staff efficiency

An increase in Account Receivable from one period to another indicates that payments such as copays (and increasingly, deductibles for those patients with high-deductible health plans) are not being collected upfront. It threatens the cash flow of the practice. In growing healthcare practice, it is necessary to keep track of claims that are billed but […]

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How to Boost A/R Productivity for Success of Revenue Cycle during Pandemic?

Are you thinking that revenue flow is interrupted due to high accounts receivable? Of course, you need to boost A/R productivity for the Success of Revenue Cycle but you aren’t the only healthcare professional to face revenue loss but you can make a difference particularly during the pandemic. Insurance companies are obliged to pay healthcare […]

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