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: Prepare a strategic assessment based on your research surrounding AR management and discuss three ways a health care provider can reduce days in AR. Prepare a strategic assessment based on your research surrounding AR management and discuss three ways a health care provider can monitor days in AR. Develop a perspective on the long-term financial trends surrounding AR management. Discuss the risks surrounding inadequate AR management. 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. Course Books: Nowicki, M. (2018). Introduction to the financial management of healthcare organizations (7th ed.). Chicago, IL: Health Administration Press. Read Chapter 10, “Managing Working Capital,” pages 228250. Read Chapter 11, “Managing Revenue Cycle,” pages 252268. Read Chapter 12, “Managing Materials,” pages 269290. Zelman, W. N., McCue, M. J., Glick, N. D., & Thomas, M. S. (2014). Financial management of health care organizations: An introduction to fundamental tools, concepts, and applications (4th ed.). Hoboken, NJ: Wiley. Read Chapter 5, “Working Capital Management,” pages 209243.
