tci Part B Insider - 2003 Issue 25
Avoid These A/R Pitfalls
Understand what your A/R really means So you've gathered together all your payables, and you're poring over tons of statistics. All of a sudden it looks as if your practice is on life support. Don't panic! Oftentimes the numbers can be misleading, especially if you're falling into one of these pitfalls: Never writing anything off. Receivables are not like wine, and they don't taste better when aged for several years. "I've walked into several physician offices that have never written anything off in 25 years," says Lee Cavanaugh, an accountant with Cavanaugh Michaels in Mechanicsburg...
To read the full article, sign in and subscribe to tci Part B Insider.
Thank you for choosing Find-A-Code, please Sign In to remove ads.