A good A/R days number for most medical practices sits between 30 and 40 days, and anything past 50 usually means money is stuck somewhere between the visit and the deposit. A/R days, also written AR days, counts how long it takes on average to collect what you are owed. The number matters because it […]
Accounts Receivable Days, Clean Claim Rate, Denial Management, Patient Collections, Reduce AR Days
Patient Collections Strategies FAQ 7 Strategies to Maximize Patient Collections Any medical provider knows how difficult it is to get paid for their services. 73 percent of healthcare providers assert that it takes 30+ days to recover their payment fully. Various issues like complicated billing procedures, changing payer fee schedules, employee attrition, government directives, lack […]
Basics of Medical Billing, Collection Process, Medical Billing, Medical Billing Strategies, Patient Collections