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#1
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I need to find out where I can find the current "Best Practice" A/R percentages for family practice. I've looked online, but places like MGMA requires that you join as a member. I just need to know what the percentages should be in each A/R aging bucket to determine the current situation for a family practice client. If anyone out there could help I would greatly appreciate it, or if you could even refer to a place I could find this info myself. Thanks!!!
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#2
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I don't have FP specifics, but here is the general rule of thumb:
50% of A/R should be 30 days or less 25% of A/R should be 31-60 days
15% of A/R should be 61-90 days 10% of A/R should be 91-120 days Nothing should be in the Over 120 days bucket Hope this information is helpful to you.
__________________
Cyndee Weston, CPC, CMC, CMRS American Medical Billing Association www.ambanet.net/AMBA.htm |
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#3
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Thanks for your reply Cyndee, that helps me
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