Archive for The Month of October, 2020
Archive for the Month of October, 2020
Welcome to the medical billing blog archive for the month of October, 2020.
Here you will find links to every article added to the Outsource Management Group web site during the month of October, 2020.
You can browse this month's archives by clicking the "More" button from any of the excerpts below.
The Importance of A/R and Outstanding Medical Claims
Accounts receivable (A/R) management is an integral part of the medical billing process and it is crucial for the financial stability and success of healthcare facilities and medical practitioners. Accounts receivable is referred to as the sum of money owed to the medical practitioner or healthcare provider for the service provided, but not yet paid. The medical services that are rendered by physicians, nursing homes, therapists, laboratory technicians, and hospitals are continuously increasing. An efficient insurance model assists a medical practice in recovering overdue payments from insurance carriers easily and on time. This is when a diligent A/R employee, or department is important, they assist the healthcare provider in being …