Here are five A/R benchmarks to aim for in order to ensure healthy revenue flow in your facility, according to Kim Woodruff, vice president of corporate finance for Pinnacle III.
1. A/R days less than or equal to 40
2. Aging accounts over 90 days less than or equal to 15 percent
3. Achievement of collection goal greater than or equal to 96 percent
4. Denials less than 1 percent
5. Bad debt less than 2 percent
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