Author Topic: National Average for Accounts Receivable  (Read 2338 times)

rkillian

  • Newbie
  • *
  • Posts: 19
National Average for Accounts Receivable
« on: June 14, 2008, 05:29:52 PM »
Do have any statistics on the average AR that office's should be shooting for?  Family Practice and Specialty.  Thanks!

Michele

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4708
    • Solutions Medical Billing
Re: National Average for Accounts Receivable
« Reply #1 on: June 17, 2008, 07:23:40 AM »
Hi,
   Are you looking for % over 30 days?  60 days?

   We shoot for keeping all of our accounts at a receivable of < 10% over 30 days.  We keep the average the same for specialties and for general offices. 

   If this is not what you were looking for, let me know.

Thanks
Michele
Sign Up for our FREE Medical Billing Newsletter
Get a 10% discount on Medical Billing Products by using Coupon Code: 10OFF
http://www.solutions-medical-billing.com

Ginger

  • Newbie
  • *
  • Posts: 3
Re: National Average for Accounts Receivable
« Reply #2 on: September 04, 2008, 07:03:54 AM »
Do have any statistics on the average AR that office's should be shooting for?  Family Practice and Specialty.  Thanks!

It would depend on dollars billed/dollars received. How many insurance companies the practice is par with.
Is the practice capitated with any? I would need more information in order to help. I do this for a living.