accounts receivable

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Accounts Receivable

The sum of the monies owed to a person or enterprise which was incurred in the course of business transactions and not supported by negotiable paper.

ac·counts re·ceiv·a·ble

(AR, A/R) (ă-kownts' rĕ-sē'vă-bĕl)
The aggregate of money owed to the health care practice by all patients and/or insurers.


the bill provided to the client by the veterinarian setting out the sums owing for services rendered.

itemized accounts
the provision of accounts for professional services in which all of the medicines, materials and services supplied are itemized. The disadvantage of the procedure is the opportunity that it provides to vexatious clients to argue with the charges. It is standard procedure to provide an itemized account if the client asks for one.
accounts payable
the monies owed to other accounts by the practice and to be paid during the month.
accounts receivable
the accounts that owe the practice money and which can be expected to pay during the month.
References in periodicals archive ?
Like us, they know that businesses can realize tremendous growth and enhanced financial performance by improving their accounts receivable management.
Because we handle a company's business transactions electronically, we can show a lender the accounts receivable history for that company," said Mai.
As medical group employees move through daily administrative tasks, athenahealth's intelligent system provides users with the appropriate insurer codes and rules, resulting in a systematic reduction in claims processing errors, a significant drop in the number of denied claims, an accelerated accounts receivable cycle and dramatically reduced claims processing costs.
The new Accounts Receivables Analytics application gives finance managers a single source to track days sales outstanding, monitor pre-payments and deductions, and perform powerful cash forecasting across a wide range of dimensions, including time, region, customer, collection manager, and product family.
The agreement came about as part of an overall strategy of enhancing the division's primary services, including accounts receivables management, medical transcription and document management.
As partners, Kaulkin Partners and PSC will deliver a full array of custom tailored solutions to the Accounts Receivable Management (ARM) industry.
GSI assumes all collection activity for securitized accounts receivable and works closely with the processor in the collection of the accounts.
Emagia Collaborative Finance Suite will be deployed over Syngenta's SAP Financials and rolled out to the entire accounts receivables collections department.
NRS offers a full range of financial services stemming from accounts receivables management.
3 helps distributors better manage their accounts receivables and customer service processes, leading to increased customer satisfaction and improved cash flow," said Randy Keith, president of Aperum.
The agreement with Paris Health Systems also will strengthen iBX Technologies, another subsidiary of iBX Group, which recently signed a contract with one of the nation's largest retail optical chains to provide accounts receivables and information management services, as well as data warehousing.

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