Benchmarking Accounts Receivable 90 Days Old or Older
Benchmark for Receivables Over Days As you know, accounts Receivable A R is crucial for any practice s financial health, often categorized into aging buckets , , , and days.... Read More >
Do you monitor your physician practice’s accounts receivable days?
Days in accounts receivable A R represents the average number of days it takes a practice to get paid. The lower the number, the faster a practice is obtaining payment... Read More >
Is Your Physician Practice Measuring it’s First Pass Resolution Rate?
What It Is The first-pass resolution rate FPRR is the share of a practice s claims that get paid upon first submission. Calculation FPRR Total Number of Claims Paid Total... Read More >
A few things that hurt your practice’s revenue cycle
There are plenty of revenue cycle techniques meant to help practices boost profits. While many focus on ways to bring more money in, sometimes saving money is just as important.... Read More >
Good old fashioned patient customer service
What do your patients experience when they visit your practice? More importantly, how do they remember your practice? Or, do they remember you at all? Most medical practices understand that... Read More >
Should a medical practice incur debt or pay outright
Acquiring debt is not necessarily a bad thing it depends on the reasons for doing so. Certainly borrowing to meet current expenses is not usually a good idea unless there... Read More >
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Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement UncategorizedAbout Reed Tinsley, CPA
As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read More >
