A few tips for payer negotiations by physician practices
nbsp Think of all the payer contracts your practice has to manage. Although they cover many of the same procedures, each payer contract contains a unique set of rules and... Read More >
What is a Medicare Comparative Billing Report (CBR)?
nbsp CBRs are educational tools used to provide insight into billing trends. The intent is to assist healthcare providers when performing self-audits of both procedures and billing practices. The Centers... Read More >
Another physician practice benchmark metric – net collection rates
Attaining the highest reimbursement possible is essential to maintaining a healthy revenue stream. But sometimes, due to unforeseen circumstances, you don t always receive the payment you expect. As a... Read More >
Is your physician practice tracking average reimbursement per encounter?
As mentioned in the last few blog posts, quality metrics provide the indicators physicians need to measure how their practice is performing. In this post I take a look at... Read More >
Benchmarking AR over 90 days
Benchmark for Receivables Over Days As you know, accounts Receivable A R is generally grouped into aging buckets based on -day increments of elapsed time , , , 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 >
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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 >
