This week is a continuation of the high-level financial analysis of your practice. Part of this analysis involves looking into your collections and related gross collection percentages. However, collections do not always meet expectations and there are a few possible reasons you should look for: 1. Shift in your payer mix (click here for last …

Practice Financial Analysis – Part 6 – Not sending out Patient Statements Read More »

This week is a continuation of the high-level financial analysis of your practice. Part of this analysis involves looking into your collections and related gross collection percentages. However, collections do not always meet expectations and there are a few possible reasons you should look for: 1. Shift in your payer mix (click here for last …

Practice Financial Analysis – Part 5 – Lower collections because of poor claim filings Read More »

Front Desk Collections As you know, I have been focusing on a high-level financial analysis of your practice. Part of this analysis involves looking into your collections and related gross collection percentages. However, collections do not always meet expectations and there are a few possible reasons you should look for: 1. Shift in your payer …

Practice Financial Analysis – Part 4 – Front Desk Collections Read More »

Unpaid insurance receivables (A/R): What causes them, how to address them and what following up can do As you know, I have been focusing on a high-level financial analysis of your practice. Part of this analysis involves looking into your collections and related gross collection percentages. However, collections do not always meet expectations and there …

Practice Financial Analysis – Part 3 – Unpaid Receivables (A/R) Read More »

As you know, I have been focusing on a high-level financial analysis of your practice. Part of this analysis involves looking into your collections and related gross collection percentages. However, collections do not always meet expectations and there are a few possible reasons you should look for: 1. Shift in your payer mix (click here …

Practice financial analysis – part 2 -Decline in Reimbursement Rates Read More »

In the next few blogs, I will be focusing on a high-level financial analysis of your practice. Part of this analysis involves looking into your collections and related gross collection percentages. However, collections do not always meet expectations and there are a few possible reasons you should look for: 1. Shift in your payer mix …

Practice Financial Analysis – Part 1 – Shift in Payer Mix Read More »