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ASC revenue leak tip: Inconsistent or no financial auditing

from Serbin Medical Billing

Money that remains outstanding in accounts receivable (A/R) is an asset but is not revenue. You can’t spend it or pay bills with it until it’s in the bank. The older the A/R gets, the less likely you are to successfully collect it. The key to avoiding high days in A/R and achieving consistent revenue stream is to continuously audit your financial performance. more

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7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063