Effective Accounts Receivable Management- Do It the Cosentus Way!

We bring you fresh advice and actionable tips for fully optimizing your revenue cycle and maximizing collections for your medical practice. By following these tips, you can significantly improve cash-flow for your practice while your focus still firmly remains on providing best medical care to your patients.

A high AR is a clear indication of poor RCM performance. Our latest White Paper, 7 Key Elements of Effective Accounts Receivable Management, critically examines the importance of accurate coding, submitting clean claims, managing correspondence, taking charge of denials, enforcing payer contracts, and much more

Download Now: 7 Key Elements of Effective Accounts Receivable Management White Paper

We want to provide real value with our reference materials, so we go well beyond telling you why these things are important. We provide clear instruction on how to enact immediate changes to address your grievances with your accounts receivable to improve cash flow for your practice.

Most billing companies won’t tell you why your revenue cycle isn’t performing up to your expectations. They will provide you with facts and leave you to figure out what is going wrong with your cash flow. With this White Paper, your practice has the tools in its hands to identify problem areas as well as solutions to resolve them.

Our offerings don’t stop with this White Paper. After years of working within the existing parameters of the industry, we decided to break from its constraints to deliver the services you deserve. You don’t need average solutions; you need the Cosentus touch. We know you’re invested in the success of your practice and we want to help. Please reach out to us if you’d like to schedule a FREE Audit of your Coding and Accounts Receivable.

FAQ's

What is accounts receivable management?

Accounts receivable management refers to the process of tracking, collecting, and optimising money owed to your business by customers. It ensures timely payments, healthy cash flow, and reduced risk of bad debt.

Why is effective accounts receivable management important?

Effective AR management improves cash flow, supports financial planning, reduces overdue invoices, and strengthens customer relationships by ensuring consistent and professional billing practices.

How does Cosentus approach accounts receivable management differently?

Cosentus combines proactive communication, advanced reporting tools, automated workflows, and personalised client strategy to streamline AR processes and maximise on‑time collections while maintaining customer goodwill.

Can Cosentus help my business reduce overdue invoices?

Yes. Cosentus uses proven processes and technology to identify past‑due accounts, prioritise follow‑ups, and implement strategies that improve payment timing and reduce outstanding balances.

What tools and technologies does Cosentus use for AR management?

Cosentus employs modern accounts receivable software, automated reminders, real‑time dashboards, and analytics to monitor ageing reports, forecast cash flow, and support data‑driven decision‑making.

How does Cosentus tailor AR strategies for different businesses?

Cosentus begins with a thorough assessment of your current AR process, identifies pain points, and designs customised workflows that match your industry, customer base, and business goals.

Will Cosentus handle customer follow‑ups and payment reminders?

Yes. Part of Cosentus’ AR services includes professional follow‑up communication with customers, automated reminders, and escalation protocols to improve collections while preserving relationships.

Can Cosentus help with cash flow forecasting?

Absolutely. By analysing AR data and payment patterns, Cosentus can provide insights and projections that help you predict cash flow and plan for future business needs.

Is Cosentus’ AR management suitable for small businesses?

Yes. Cosentus supports businesses of all sizes, from small enterprises to larger organisations, with scalable processes that adapt to your volume of receivables and complexity.

How quickly can I see results with Cosentus’ AR services?

Results vary depending on your starting point, but many clients see improvements in payment timing, reduced receivable ageing, and better cash flow within the first few months of engagement.