GetMax

RCM glossary

Accounts receivable (AR)

Money owed to the practice for services already provided.

In medical billing, accounts receivable is the total amount owed to a practice by insurers and patients for care already delivered. It is usually split into insurance AR and patient AR, and reported by age.

AR follow-up is the work of checking on unpaid claims and pushing each one to payment or resolution.

AR follow-up service →

Related terms

AR aging
Accounts receivable grouped by how long it has been outstanding.
Days in AR
The average number of days it takes to collect payment after a service.
Timely filing limit
The deadline by which a claim must be submitted to the payer.

Put the numbers to work.

GetMax tracks these metrics from your live claims, and our team acts on them.