AR Follow Up

Days in AR is the average number of days it takes to collect the payments due to your practice. It may vary amongst insurers. Medicare usually takes about 14 days to pay after receiving a claim while some HMOs may even take up to 45 days to pay after claim receipt as this much time is allowed by law in some states.

Days in AR” is the first measure of the overall performance of your accounts receivable efforts. The following figures are looked as benchmarks for medical billing and collections:

• 30 days or less for a High performing Medical Billing Department.
• 40-50 days for an Average performing Medical Billing Department.
• 60 days or more for a Below Average Medical Billing Department.