AAFP members can ask a question at the Practice Management Help Desk.
Asia Blunt, MBA, CPC
Practice Management Strategist
In this six-minute presentation, find out how to measure your practice’s ability to get paid in a timely manner and more. After watching you will know how to:
Calculating accounts receivable (A/R) greater than 120 days will give you the amount of receivables older than 120 days expressed as a percentage of total current receivables. This metric is a good indicator of your practice’s ability to collect timely payments. Factors that can influence timely payment include your payer mix and/or your staff’s efficiency in addressing denied or aged claims. High or rising percentages indicate there may be problems with your practice’s revenue cycle management.
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Days in A/R Greater Than 120 Days