RMC Expert’s comprehensive AR management services reduce your days in receivables by 50%, recover 90%+ of aged accounts, and eliminate the administrative burden of collections—transforming unpredictable cash flow into consistent, reliable revenue.
Accounts Receivable (AR) in medical billing represents all money owed to your practice for healthcare services already rendered. This includes unpaid insurance claims, patient balances, co-pays, deductibles, and coinsurance amounts. AR is one of your practice’s most valuable assets, directly impacting cash flow, operational stability, and your ability to invest in growth.
Every dollar in your AR represents real services you’ve provided—time, expertise, supplies, and overhead costs already expended. Yet many practices struggle to collect what they’ve rightfully earned, allowing receivables to age into uncollectible bad debt. According to a 2024 report, 84% of healthcare businesses lost money due to outdated AR practices.
The challenge has intensified with increasing patient financial responsibility from high-deductible plans and rising healthcare costs. Managing AR has become more complex and critical than ever, requiring systematic processes, dedicated expertise, and advanced technology to maintain healthy cash flow.
The Problem: When receivables age beyond 90-120 days, collection probability drops dramatically—from 70% at 30 days to just 25% at 120 days. Delayed collections create cash flow unpredictability that threatens operational stability.