by Joel Baldwin | May 26, 2021 | Revenue Cycle Management
If you’ve talked with a consultant about accounts receivable or collection rates, chances are you’ve heard that a total collection rate of 98% is a great goal and that your standard for over-the-counter collections should be between 35% and 45% (higher for specialty...
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by Joel Baldwin | Oct 23, 2019 | Revenue Cycle Management, Schedule Optimization
October 23, 2019 When it comes to collecting payment, there are many ways to run your business. Maybe your goal is to get 100% up front before you perform a procedure. Maybe you never collect on the same day, always waiting for the insurance payment to come back...
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