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Ideally total A/R should not exceed one month's billing. Accounts receivable will vary depending on your medical specialty. Primary care a/r will be less than specialists or surgeons. You can get a good idea by speciality by checking with MGMA. (Medical Group Management Association.)
What else can I help you with?
What would happen to a medical practice that did not record charges?
If a medical practice did not record charges, a number of things might occur. One of them could be an audit, if a practice isn't recording their earnings then that sort of thing would shoe up in an audit.
What is the purpose of a medical practices financial policy?
It is important to have a financial policy at a medical practice. With a policy, all patients can be treated exactly the same.
What is the medical pegboard system?
what is a medical pegboard system
What is the statute of limitation for a medical bill debt in Indiana?
SOL in Indiana for an Open Account is 6 years and a Written Contract for payment of money before 9/1/82 is 10 years and after that it is 6 years. Medical bills are normally considered written contract, but it could be one or the other. If the contract is signed under seal, it may have a longer time. Note that other factors will determine when the SOL begins to be counted.
Is a medical billing and coding certification class useful?
Medical billing and coding is an important field these days. Most colleges and community colleges offer programs in medical assistance, which include medical billing and coding.
What is certain state are called Laws applying specifically to the practice of medicine?
The medical practice act in each state governs the practice of medicine.
How can a Veterinarian from India become eligible to work in the USA?
Contact the AVMA (American Veterinary Medical Association) and the Veterinary Medical Board in the state you reside in to determine licensing and practice requirements.
What is the importance of medical practice?
If there was no medical practice, there would eventually be no nurses or doctors.
What is the purpose of the medical practice?
To define the limits and responsibilities of medical practice in that state.
What entails a diagnostic medical sonography job?
Diagnostic Medical Sonography is the practice of using soundwaves (ultrasound) to diagnose medical problems within different parts of the body, and to determine the gender of a baby while still in the fetus state.
What is the purpose of the medical practice acts?
To define the limits and responsibilities of medical practice in that state.
Where can I find an online medical assistant test to practice with?
You can find a medical assistant practice test on the following websites...www.tests.com/practice/medical-assistant-practice-test or quizlet.com/9616440/medical-assistant-practice-test-flash-cards/
When was The Journal of Medical Practice Management created?
The Journal of Medical Practice Management was created in 1984.
Where can I take a medical assistant practice test?
This site offers some free medical assistant practice tests: www.tests.com/practice/medical-assistant-practice-test. They have a good variety and very easy to use.
What is a medical practice reform?
A medical form that is reformed
Do surgeons practice of cadavers?
In medical school they practice on cadavers.
What are the top medical practice management systems?
Someone that is looking for the top medical practice management systems can do so on the website Information Week. There one will find a list of the top 10 medical practice systems.
