Accounts Receivable (AR) & Bookkeeping

Optimizing Payment Tracking and Financial Management

At Centriix, we offer comprehensive Accounts Receivable (AR) and bookkeeping services designed to streamline payment collection, reduce aging accounts, and enhance the financial health of your practice. Our team meticulously tracks all incoming payments, reconciles accounts, and ensures that no revenue is left behind. By implementing efficient AR management practices and utilizing advanced technology, we help you maintain a steady cash flow, reduce overdue accounts, and keep your financial records accurate and up to date.

Sub-Segments We Cover

AR Management

We provide full AR management services, tracking all outstanding balances, categorizing by age, and following up on overdue payments. Our goal is to minimize accounts receivable aging and expedite payment collection.

Payment Posting & Reconciliation

Our team ensures accurate and timely posting of payments into your accounting system. We reconcile payments with your records and adjust any discrepancies, ensuring that all payments are correctly allocated.

Denial and Underpayment Tracking

We track denied and underpaid claims and ensure they are promptly addressed. Our denial management team works alongside the AR team to follow up with payers and recover underpaid amounts.

Billing Statements & Collections

We prepare and send billing statements to patients, ensuring that all charges are clear and accurate. Our team follows up with patients on overdue balances and works with them to arrange payment plans if necessary.

Financial Reporting

We generate detailed financial reports that help you track the status of your accounts, monitor your practice’s financial health, and identify potential issues before they become significant problems.

Bookkeeping Services

We offer complete bookkeeping services, maintaining your general ledger, categorizing expenses, managing payroll, and ensuring that all financial records are accurate and up to date.

AR Account Setup

We start by setting up your AR system, ensuring that all patient accounts are categorized and correctly linked to your practice’s billing software.

Payment Posting & Reconciliation

As payments are received, our team posts them promptly to the appropriate accounts, and we reconcile them with your internal records, ensuring accuracy and reducing discrepancies.

Denial & Underpayment Follow-Up

For any denied or underpaid claims, we track the status and work to get them reprocessed or corrected. Our denial management team takes proactive steps to ensure claims are paid in full

Billing & Patient Communication

We prepare clear and concise billing statements and communicate with patients regarding overdue balances. We can also offer payment plans and support for patients facing financial challenges.

Financial Reporting

We provide regular reports on the status of your AR, including aging reports, payment history, and financial summaries, so you can easily track your practice’s financial performance

Ongoing Account Reconciliation

Our team continuously reconciles all financial records, ensuring your books remain up to date. We perform regular audits to identify and correct any errors

Numbers That Matter

At Centrixx, we empower businesses with smart solutions that simplify complexity and drive growth. Combining advanced technology with industry insight, we help clients stay ahead in a changing world. Our mission is to deliver reliable, scalable solutions while building lasting partnerships for long-term success.

of Payments Posted Accurately

Reduction in AR Aging within 30 Days

Faster Payment Processing

Decrease in Overdue Accounts

Compliance with Financial Regulations

Improvement in Cash Flow Management

Faster Payment Processing

Our efficient AR management system accelerates payment posting and reduces the time it takes to receive payments, improving your cash flow.

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Reduced AR Aging

By actively tracking and following up on overdue accounts, we help reduce the aging of receivables and minimize outstanding balances.

Accurate Financial Records

Our bookkeeping services ensure that all financial records are up-to-date and compliant with industry standards, providing transparency into your practice’s financial health.

Improved Cash Flow

With timely payments and effective collections, we help ensure a consistent cash flow, preventing disruptions in your practice's operations.

What We Offer

Accounts Receivable Management: Timely follow-up on outstanding balances and overdue accounts to minimize AR aging.

Payment Posting & Reconciliation: Accurate and timely posting of payments with regular account reconciliation.

Denial & Underpayment Follow-Up: Proactive management of denied and underpaid claims.

Comprehensive Bookkeeping: Detailed tracking of income and expenses, payroll management, and financial reporting.

Financial Reporting: Regular reports that provide insights into the financial health of your practice.

Patient Billing & Collections: Clear and accurate patient billing with consistent follow-up on overdue payments

Frequently Asked
Questions

How do you handle overdue accounts?

We actively monitor overdue accounts and follow up with patients regularly to arrange payment plans or settlements. Our goal is to minimize aged receivables and ensure timely collections.

How often do you provide financial reports?

We provide regular financial reports, including AR aging reports and payment summaries, to give you a clear picture of your practice’s financial health.

Can you help with both insurance and patient payments?

Yes, we handle both insurance-related payments and patient billing, ensuring that all aspects of your AR are efficiently managed.

How do you ensure accuracy in payment posting?

We use advanced tracking systems to ensure that all payments are accurately posted to the correct accounts, reducing errors and discrepancies in your records.

Do you provide support for bookkeeping services as well

Yes, we offer full-service bookkeeping, including general ledger maintenance, payroll management, and expense tracking.

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Need Help?

Feel free to contact us:

marity@example.com

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