decisionhealth Newsletters, Part B News - 2012 Issue 10 (October)
With industry in flux, these key metrics tell your financial success story
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Article Overview
This article explains how physician practices can evaluate financial health during a period of uncertainty and change. It focuses on practical practice-management metrics and reports used to monitor collections, accounts receivable, unpaid claims, and revenue leakage. The piece is aimed at practice administrators, billing staff, and physicians who want to understand where money is being lost and how to recognize when follow-up is needed.
Why This Topic Matters
These metrics help practices spot collection problems early, understand cash-flow pressure, and identify operational issues that can affect long-term financial stability.
Article Sections
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DecisionHealth expert view
Editorial framing from a practice-management expert and the broader context for the article’s financial focus.
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Simple ways to calculate collection rates
Overview of basic collection performance measures and related accounts receivable indicators used to evaluate practice cash flow.
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3 more reports to review regularly
Discussion of routine billing and claims reports that can help identify unpaid items, claim processing problems, and denial patterns.
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Tips to track A/R problems fast
General operational approaches for spotting revenue-cycle issues quickly and monitoring whether charges and payments are being captured.
What You Will Learn
- How physician practices can evaluate financial health during industry uncertainty
- Which revenue-cycle metrics are commonly used to monitor collections and accounts receivable
- What routine reports can help identify unpaid or problematic claims
- How to recognize broad signs of revenue leakage and collection slowdowns
Who Should Read This
- Physician practices
- Practice administrators
- Billing and revenue cycle staff
- Physicians
- Medical office managers
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