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Revenue Cycle Matters - Insights & Tips to Improve Healthcare Collections

Reward Staff to Keep A/R in Shape

December 06, 2015
Reward Staff to Keep A/R in Shape

Keeping your high dollar balances in check can have a huge impact on your A/R and cash flow.  The key is to find that sweet spot, where 80% of your outstanding A/R makes up about 20% of the total number of accounts.  Simply put, the goal is to touch the least amount of accounts while having the greatest potential to bring in cash, or as the phrase goes, the biggest bang for your buck. But keeping staff focused on resolving those high dollar accounts in the most efficient manner can take creativity.

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