04 Jan A Look Back at 2018
At this time of year, we like to take a look back at the year that just ended and examine what we can do better in 2019. Improving the financial performance of your practice is, of course, the reason why you hear from us on a weekly basis. In that vein, do you know how to answer some of these important questions for your practice?
What are my days in accounts receivable and is there room to improve this metric?
How does my practice compare with regard to A/R aging performance?
How is my practice doing on collecting patient due balances, and what percentage of my overall A/R is due from patients?
We would welcome the opportunity to work with you during the coming year to help answer these questions, and provide you with any revenue cycle management support that would benefit your organization.
Wishing you a happy, healthy and prosperous 2019!