decisionhealth Newsletters, Part B News - 2001 Issue 10 (October)
Take stock of accounts receivable with this simple formula
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Article Overview
This article covers a basic accounts receivable (A/R) calculation for medical practices, how to compare the result against industry benchmarks, and general collection-improvement approaches. It is aimed at practice managers, billers, and coding/billing staff who want to track receivables, understand common causes of delayed payment, and monitor trends over time.
Why This Topic Matters
A/R performance affects cash flow and reveals where claims may be stalling. Understanding the general calculation, benchmarking sources, and common operational issues can help a practice evaluate collection efficiency and prioritize follow-up efforts.
What You Will Learn
- How A/R days are calculated from practice charges and outstanding balances
- How to compare A/R performance against specialty benchmarks
- Common operational issues that can contribute to delayed collections
- Ways to monitor A/R trends across consecutive time periods
Who Should Read This
- Practice managers
- Medical billing staff
- Coders
- Revenue cycle staff
- Healthcare administrators
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