When accounts receivable (A/R) exceed 90 days, it often signals inefficiencies in the revenue cycle.
Ophthalmology practices can reduce aging A/R by implementing a few key strategies:
- Verify insurance eligibility before the visit
- Collect co-pays and balances at check-in
- Submit claims within 24–48 hours of the visit
- Monitor claim status regularly
- Follow up quickly on denied or unpaid claims
Consistent claim follow-up is critical. The longer a balance sits unresolved, the less likely it is to be collected.
Working with an experienced medical billing company ensures claims are actively monitored and patient balances are addressed promptly. Strong A/R management helps practices maintain steady cash flow and financial stability.