| Your account receivable report is the key to where | | | | having an outside source check out your report. |
| your money is, if you are not seeing the return that | | | | Your billing department should be working on the A/R |
| you expect should be coming into your office. One of | | | | report as least once a week so that the entire report |
| the best ways to see if your account receivable | | | | can be completed in a 30 day period. When working |
| report is in the best condition that it should be in is | | | | on the report weekly you should see an increase in |
| possibly having it sent out so that an outside billing | | | | your revenue within a 30 day span. If you do not see |
| service can give you an opinion on what is wrong and | | | | this increase you might decide to have an outside |
| what can be done to correct the problem. | | | | source (a billing service) to check out your A/R report |
| We all know that you should be receiving the | | | | to point out any problems. |
| maximum amount of money for your services and | | | | If you do decide to contact a billing service to have |
| that since just about every insurance can go | | | | them look into your problem, make sure that you ask if |
| electronically then your account receivable report | | | | there are any up front costs that you have to be |
| should not be over 60 days unless there is a problem | | | | responsible for. Some billing companies will look at your |
| with the patient's insurance or if you did have to send | | | | account receivable for no charge. These are the |
| a claim out as hard copy. If you see a great deal of | | | | companies that you should contact. Don't expect all |
| monies past the 60 day mark then you have a | | | | the answers from the billing company without having to |
| problem with your billing department. | | | | pay something but at least they will be able to tell you |
| I am not saying that your biller is not doing her/his job | | | | if you do need help with the report. |
| correctly, but there are some instances that your | | | | Remember that this is your income and your practice. |
| medical biller might not be able to see the problem as | | | | What you decide to do to have the maximum amount |
| an outside billing service would be able to see. You | | | | of money come into your office is your decision, just |
| cannot be afraid to ask your biller questions regarding | | | | make sure you make the correct decision. Good luck |
| the report. She/he should be able to answer all of your | | | | to you. |
| questions and if not then that is when I would look into | | | | |