Learn effective tips to improve DME AR collection efficiency and streamline financial processes with help of 24/7 Medical Billing Services.

1. Turning Challenges Into Cash Flow: DME AR Collection Efficiency
Tips
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2. After a patient or the patient’s insurance provider has been billed for DME services, accounts receivable (A/R) refers to the
money owed to the practice. The practice can calculate A/R in a variety of ways. Firstly, a practice often keeps track of “Days
in A/R” by dividing A/R totals by average daily charges. Secondly, accounts are typically classified according to their age, such
as:
● 1 to 30 days after billing
● 31 to 60 days after billing
● 61-90 days since billing
● 91-120 days since billing
The longer an account stays unpaid for services performed, the more likely it will never be paid. As a result, even when money
is definitely owed, ARs do not always record as revenue.
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Turning Challenges Into Cash Flow: DME AR
Collection Efficiency Tips

3. Tips to Turn DME AR Collection Challenges
into Cash Flows
1. Maintain Open Patient Communication
2. Use an updated Medical Billing Software
3. Review your Collections
4. Consistently Run A/R Reports
.
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4. Accurate and efficient DME medical billing is critical for keeping AR days as low as possible. A minor claim error can cause
payments from payers to be delayed by weeks if not months. If your in-house DME medical billing is inefficient, consider
outsourcing DME medical billing services.
This is most likely the answer to all of your collection concerns. You can simply choose to outsource DME billing services to
specialists who will handle the entire DME billing and AR collection Services, allowing you to focus on your patients without
worrying about revenue. 24/7 Medical Billing Services professionals assist you in meeting your financial objectives by
boosting your AR collections.
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Outsource DME AR Collection Services!

5. About us
We are a medical billing company that offers ‘24/7 Medical Billing Services’ and support physicians,
hospitals, medical institutions and group practices with our end to end medical billing solutions. We help
you earn more revenue with our quick and affordable services. Our customized Revenue Cycle
Management (RCM) solutions allow physicians to attract additional revenue and reduce administrative
burden or losses.
Media Contact:
24/7 Medical Billing Services
28405 Osborn Road, Cleveland, OH 44140
Phone no / Fax : +1 888-502-0537
Email us: info@247medicalbillingservices.com
https://www.247medicalbillingservices.com/