Assignment: Accounts Receivable Management
It is critical that financial leaders have a firm grasp of the organization's receivables, because roughly 75 percent of a provider's current assets is tied up in AR (Zelman, McCue, Glick, & Thomas, 2014). In addition to your text (linked in Resources), select three journal articles to support your conclusions. Complete the following:
1) Prepare a strategic assessment based on your research surrounding AR management and discuss three ways a health care provider can reduce days in AR.
2) Prepare a strategic assessment based on your research surrounding AR management and discuss three ways a health care provider can monitor days in AR.
3) Develop a perspective on the long-term financial trends surrounding AR management. Discuss the risks surrounding inadequate AR management.
4) Discuss three significant changes or trends that are taking place and their impact on the revenue cycle. Discuss how these trends will impact organizational strategy, patient care, and community health.
Format your assignment according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.