Accounts Receivable Targets for Outsourced Medical Billing
Our accounts receivable targets are: 0-30 days = 50%, 31-60 days = 40%, 61-90 days = 10%, greater than 90 days = 0%.
The quicker your claims are paid, the quicker that Physicians and Medical Practices receive their money. Keeping your claims current within 0-30 days, is the sign of a healthy practice.
We follow-up with insurance companies constantly, to ensure that we are actively tracking on any potential issues.
In many instances, medical practices and our competitors, do not implement rigid follow-up procedures, and receivables age well beyond best practices.
We do everything to ensure that we collect your money in order to maximize your cash flow. We have long standing relationships since 1989 with the provider representatives at the major insurance carriers, and as a result, our phone calls and follow-up requests are handled promptly.
At Physicians Billing Service, We Find Solutions for Your Medical Billing Problems
- How can we assist you?
- Do you need to increase your collections?
- Is your billing costing you too much?
- Is cash flow a problem?
- Are your claims being submitted on a timely basis?
- Are your worried more about medical insurance billing than practicing medicine?
Washington DC, Maryland, Virginia and South Florida
We proudly support Physicians and Medical Practices through-out the Washington DC metro area, District of Columbia Maryland, Virginia and South Florida.
Featured Medical Billing Services
- Accounts Receivable Best Practices
- Accounts Receivable Targets
- Billing Compliance
- EFT – Electronic Funds Transfers
- Outsourcing Medical Billing
Featured Practice Areas
- GYN Urologists
- Gynecological Surgeons
Featured Service Areas
- Capitol Hill DC
- Catonsville MD
- Centreville VA
- Chantilly VA
- Charles County MD
We would be glad to provide you with a complimentary estimate. Contact a leader in Medical Billing and Collections in the Washington DC metro area, Virginia, Maryland, South Florida and Key West.
Contact Physicians Billing Service & Get a Quote Now!
We would be glad to provide you with a complimentary estimate. Contact a leader in Medical Billing in the Washington DC metro area, Virginia and Maryland by calling (703) 978-0756 or use our online contact form. All inquiries are kept strictly confidential.