Small and large businesses alike can analyze various ratios to determine how well they are controlling expenses and maintaining adequate cash flows. One analysis that might be valuable for owners of ...
The accounts receivable ratio is one of the financial performance indicators that businesses monitor. It is useful for companies that sell goods and services on credit. Accounting theory considers the ...
A new analysis of five national commercial payers shows variability in the number of days a claim is in accounts receivable, which has a big impact on hospital payment. The Nov. 30 report by the ...
Lowering the number of days a bill is in accounts receivable is one way to reduce the cost to collect on the bill, said Dr. Dar Griffeth, senior vice president of revenue cycle management services at ...
Amy is an ACA and the CEO and founder of OnPoint Learning, a financial training company delivering training to financial professionals. She has nearly two decades of experience in the financial ...
A/R is the average number of days an ASC takes to collect payments on services performed. According to a Becker’s ASC Review report, citing VMG Health data, the average days in A/R for ASCs is 32. If ...
Understanding working capital as a small business owner can help you grow your business or take advantage of bigger ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...
Over the past half-decade, hospitals and health systems have continually improved their ability to collect payments, as the average days in accounts receivable has declined roughly 10 percent since ...
Working capital is one of the most difficult financial concepts for the small-business owner to understand. In fact, the term means a lot of different things to a lot of different people. By ...
Here are eight ambulatory surgery centers with a low number of accounts receivable days. If you would like to suggest an addition for this list, contact Anuja Vaidya at [email protected].