Posted on Apr 28, 2019 01:18 PM
Payor contracts can make or break a healthcare provider’s operation regardless of size. Understanding the fundamentals, the pitfalls, and where you can leverage upsides can ultimately mean more revenues and less ...
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May2019Posted on Apr 28, 2019 01:18 PM
How well are your revenue cycle processes working? A good indicator is the age of your accounts from final bill or claim date. Generally, a clean claim gets paid in 30 days or less. If a claim is older than 60 days there is typically something wrong with it, and once you pass 180 days, collectability on that account dips to 5%.
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May2019
