5 Accounts Receivable Benchmarks to Meet

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.

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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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At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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