Waystar

APRIL 25, 2023

Download the eBook to learn 7 steps for maximizing your healthcare RCM software. To calculate it: Divide total current receivables by the average daily charge. Remove your credit balance (which only offsets and, thus, distorts receivables; track those separately) Calculate your average daily charge based on the past 90 days (ex.

Medical Billing 98

Medical Billing Dashboards Credit and Collections Current Receivables 98

Waystar

APRIL 25, 2023

Download the eBook to learn 7 steps for maximizing your healthcare RCM software. To calculate it: Divide total current receivables by the average daily charge. Remove your credit balance (which only offsets and, thus, distorts receivables; track those separately) Calculate your average daily charge based on the past 90 days (ex.

Medical Billing 52

Medical Billing Dashboards Credit and Collections Current Receivables 52

Gaviti

APRIL 3, 2024

Best Possible DSO Formula The formula for Best Possible DSO is: (Current Receivables x Number of Days in Period) ÷ Credit Sales for Period 7 Strategies to Reduce DSO Since DSO reduction is such an important element of your accounting operations, many companies turn to tools such as DSO reduction software to assist them.

DSO 52

DSO Days Sales Outstanding Credit and Collections Collection Effectiveness Index 52

Abrigo

JUNE 9, 2016

One simple exercise for exploring this is to pick any client who is currently receiving only one service from the firm but with whom staff typically enjoy working.

Deductions 60

Deductions Current Receivables 60

Abrigo

AUGUST 19, 2016

Accountants looking to truly advise clients and generate income from their status as trusted advisors must first identify clients who are currently receiving only one service or are tied solely to compliance-related services. Are you capitalizing on your respected and trusted status?

Accounting Firms 60

Accounting Firms Current Receivables 60