Healthcare Billing & Management Association Member

 

 

Frequently Asked Questions

These will be updated as new questions are needed to be answered based on feedback from web page viewers as well as information not found elsewhere on our web site.

What is "Days in Accounts Receivable"?

Your Money! You want to be paid by insurers and patients as quickly as possible. The industry standard to measure the speed of medical payments is “ Days in Accounts Receivable.”

Simply, it is how fast (or slow) in “days” it takes on average for your money to be collected from insurance companies and patients. Too many Days in AR results in lost revenue. For many medical specialties, CPB averages less than 23 days—which is considered excellent in the industry.

What is your Days-in-Accounts Receivable?  Not sure?  Provide your monthly charges for the last 3 months and each month-ending accounts receivable and we’ll calculate it for you. You may be very disappointed!


 
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