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Accounts Receivable Analysis Made Easier With IntelyFi

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Ibrahim Khan
Accounts Receivable Analysis Made Easier With IntelyFi

Every healthcare organization struggles with maintaining a healthy cash flow. One of the main reasons is because they lack a proper revenue cycle management system or process. Accounts receivable analysis is one of the many tools that organizations leverage to ensure that they are always in good financial standing.  

Accounts receivable (AR) is probably one of the essential components for the smooth flow of a hospital’s operations. Administrative issues and profit discrepancies are bound to happen if healthcare providers fail to stay on top of their accounts receivables. Furthermore, it can even compromise the provider’s relationship with their business partners and patients as well.  

What are Accounts Receivables (ARs)?  

Generally, AR refers to the amount of money that the customers owe to the company. Accounts receivable in the healthcare industry refer to patients’ account balances due for payment, either from a third-party (i.e., insurance company) or patient. 

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Ibrahim Khan
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