Medical Billing Forum
Billing => Billing => : ruthie72 March 20, 2013, 12:36:34 PM
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Hi there,
Since I am new at this..I was wondering when is the best time of the month to prepare and send out patient bills? When is the best time to do the monthy A/R reports and Insurance payments? thank you so much for your help..Have a good day.
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I personally found that I get a better response (payments) from patients if I send statements out at the end of the month (since most people sit down and pay their bills right around the 1st).
As far as monthly A/R or insurance payments, I'm not sure quite what you mean.
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For some of my clients I do patient statements twice a month, depends on volume and A/R. For reports to my providers I provide some basic weekly reports for such things as copay's. Monthly reports are more extensive and include full A/R reports, potential collection reports, carrier adjustment reports, etc. I also provide quarterly and annual reporting for various different reasons such as analyzing loss by carrier, patient, etc.
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WOW...that is a lot..I am glad I only have one provider right now..this is definitely going to be a learning experience..so happy to have you to help me out..thank you so much..