tci Part B Insider - 2003 Issue 25

How to Benchmark Your A/R

Some rules of thumb for knowing when your A/R are out of hand You may know you have a problem getting paid, but without being able to measure the problem, it's hard to come to grips with it. The answer is to find objective numbers to compare with your accounts receivable.    Consultants surveyed by PBI say the number-one source of benchmarking data is the Medical Group Management Association's annual cost survey. "It's the only source I know of that ages practices' A/R by physician specialty," says Gary Matthews with Physicians HealthCare Advisors in Atlanta.   The...

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