Days in A/R tells you how long it takes, on average, to collect what you are owed. The longer it runs, the more cash is tied up and the harder it becomes to collect.
Work the oldest balances first
Aging balances are the hardest to collect. Set a weekly routine that reviews claims by age bucket and assigns an owner to each.
Submit claims faster
Every day between the visit and the claim is a day added to your A/R. Aim to submit claims within a day or two of the encounter.
Follow up on a schedule
Do not wait for payers to respond. Check status on a fixed cadence and escalate anything stuck.
Collect patient balances at the point of service
Patient responsibility is often the slowest money to collect. Clear estimates and easy payment options help.
Measure it every month
Track A/R by payer and by age so you can see where the delays actually come from.
Revenue Growth
Denial Management
Compliance