Monitoring A/R in Medical Accounting
September 28 2017
For medical offices, two of the most important key performance indicators that should be monitored are related to A/R. These numbers give you a true reading on the health of your business and the wrong numbers are a warning of potential problems with collection. Because these numbers will have an effect on cash flow, we recommend our clients look at them each month to spot problems early. Even if you think your cash flow level is sufficient, implementing these monthly checks is a recommended practice.
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