A strong Financial Position in Healthcare is reliant upon the effective management of its Assets with regard to collecting amounts owed for services provided. The use of Effective Receivables Management is one way for Providers to achieve this. With Effective Receivables Management, Providers will be able to track their Unpaid Claims, reduce the length of time it takes to collect on long-outstanding Receivables, and expedite the collection of Unpaid Claims. Periodic review of accounts receivable reports will allow the Provider’s Billing Staff to quickly identify denied or delayed claims so that the appropriate steps may be taken to address those claims. Effective Receivables Management will also allow Providers and their Billing Staff to communicate regularly and consistently with Third Party Payers (Insurance) and with Patients to resolve Outstanding Balances in the shortest amount of time. Healthcare Organizations that maintain effective Receivables Management will avoid losing Revenue from Uncollected Receivables; maintain steady Cash Flow; have improved Operational Efficiency; and will be able to reinvest into their Organizations and provide higher quality patient care.