To effectively manage A/R performance, organizations should:

Having strong follow-up plans and regularly checking the status of unresolved claims is essential for effectively managing accounts receivable (A/R) performance. This practice ensures that outstanding claims do not stagnate and fall through the cracks, which can often lead to increased write-offs and diminished revenue. By staying proactive and routinely monitoring claims, organizations can identify and address issues in a timely manner, thereby improving cash flow and financial health.

Regular follow-ups allow for quicker resolution of discrepancies, ensure that claims are processed correctly, and help maintain healthy relationships with payers. It also enables healthcare organizations to track their billing processes more effectively and to adhere to any regulatory requirements regarding timely claims processing. Overall, this consistent engagement is crucial in securing payment for services rendered and reducing overall days in accounts receivable.