I need to know the recommended distribution of accounts receivable by age for a medical practice. What is considered the optimal range of days outstanding for a medical practice?
Question: I need to know the recommended distribution of accounts receivable by age for a medical practice. What is considered the optimal range of days outstanding for a medical practice?
Answer: The Medical Group Management Association tracks this benchmark by specialty.
"The median for multispecialty groups - as a percentage of total A/R per category - as reported in its Cost Survey, 2004 Report Based on 2003 Data, are:
"So, that's a norm, but the faster you can collect the money the more chance you have of collecting it at all. If you can beat this, do. Never rest.
HIPAA highlights: 2 disturbing class actions, OCR risk analysis enforcement
April 24th 2025Two class-action lawsuits targeting the University of Maryland Medical Center and the University of Kansas Health System for years-long cyberstalking and unauthorized access to protected health information spotlight massive HIPAA risk-analysis failures and underscore the urgent need for stronger health care cybersecurity safeguards.