Efficient Accounts Receivable Management by Right-on-Time Billing Services
Right-on-Time Billing Services offers expert AR management solutions to improve your practice’s cash flow and reduce outstanding balances.
What is Accounts Receivable Management?
Accounts receivable (AR) management involves overseeing and managing the outstanding payments that a healthcare practice is owed by patients and insurance companies. Effective AR management is essential for maintaining positive cash flow and ensuring that revenue is collected promptly.
Why Choose Right-on-Time Billing Services for AR Management?
Our AR management team focuses on reducing the time it takes to collect payments and resolving any issues that may be delaying revenue. We provide regular updates and detailed reports to keep you informed about your practice’s financial status.
Our AR Management Services Include:
- Invoice Generation and Follow-Up: Creating and sending invoices, as well as following up on overdue payments.
- Payment Posting: Accurately recording payments and reconciling discrepancies.
- Collections Management: Handling collection efforts for overdue accounts and working with patients and insurers to settle outstanding balances.
- Detailed Reporting: Providing regular reports on AR status, aging accounts, and collection efforts.