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Getting Payment from Physician's

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galinafl26:
Hello Everyone! I just got a new account and it's my very first one. I wanted to know what report I should run to bill for my services? Do you guys run a monthly posting report? How do you make sure he's giving you all the eob's? Can someone help me with this process.
whats the best report to run at the end of the month?
Thanks

PMRNC:
This depends on how you are billing your client and what's in your contract.  ASIDE from that your going to want to provide your client with many reports needed for him each month. Do you have a contract?

Michele:
It will also depend on your PM system and what reports it provides.

galinafl26:
Yes. I have a contract. As per my contract, I get paid from monthly collections. I'm charging this doctor 7.5 %. Would I run posting report? What report is best ?? My pm system runs any report I need.

PMRNC:
You are going to need to go into your reports and look for the report you need. You don't specify if your contract says 7.5% of ALL practice Collections, or 7.5% of what You collect, etc. There's a difference. I can't tell you what report to run, only you can do that based on how your entering your data.. more importantly how you are entering your payments into your database.  For example, if your contract says you get paid 7.5% of what your billing out, your payment codes would need to be broken out appropriately to distinguish the various types of payments in house vs. what's sent in from your billing.   ONLY good data going in, is going to be good data out. If you have not made those distinctions in your software than your going to have a very rough time figuring how to calculate your invoice.  When I did % based billing all of my payment codes were VERY specific..this way I could actually run a report based on whatever payment codes I used to show the payments I was bringing in. In my case I billed percentage of collections on ALL revenues received, so I could run my report using all of the pmt codes.

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