Is your Accounts Receivable process holding you back?
By Besse Medical
We know credit balances can be a real headache. They’re time consuming to resolve and can drain financial resources. And charge entry lag can ripple through the revenue cycle, increasing days in AR and delaying reimbursement. In our experience, many practices could use support managing this critical part of their business.
Our business analytics solution InfoDive® can help. It gives you the tools you need to:
- Gain clarity on credit balances, including how much is owed and by whom
- Track time-of-service to time-of-charge entry lag to understand how it impacts your AR
- Monitor key metrics month over month, such as days in AR, average charge per day, and the percentage of AR aged over 90 days
- Quickly identify high-balance patient accounts with overdue payments over 60 days
InfoDive can give you the actionable insights you need to reduce days in AR, improve cash flow, and improve your financial performance. Contact our team today at ProviderClientServices@intrinsiq.com to schedule your demo.
