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Having an accurate grasp of accounts receivable in a practice is essential.
- Under-performing assets like accounts receivable, are frequently cited as sources of financial difficulty for medical practices.
- One of the largest assets a medical practice has is its accounts receivable. For a typical practice, net accounts receivable may represent as much as one-half of total assets and three-fourths of current assets.
A true picture of what is happening to your money
- The Accounts Receivable Analysis is a confidential study that is presented in a final report to the principal(s) of a practice. It outlines if charges, payments and adjustments are adequately synchronized or if collections and/or adjustments are out of sync.
- The report shows the flow of receivables in the operation, discusses the findings outlined in the in Accounts Receivable Analysis and most important it demonstrates the trend of receivables in the practice.
When a healthcare practitioner should ask for an Accounts Receivable Analysis?
- If the practice is not collecting sufficient revenue
- If the practitioner wants to know what is happening with collections and receivables
- If the present Accounts Receivable solution remains an unknown to the owner of the business
Developers of the AccuChecker Product Line
- WWW.ACCUCHECKER.COM, LLC is a consulting firm assisting healthcare providers to operate the practice as a business since 1983.
- The AccuChecker Product Line consists of services and products designed to resolve and improve healthcare reimbursement issues affecting primary care physicians, specialists, multi-group practices and managed care organizations.
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