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Is a method of payment in which the 3rd party payer pays the provider
group a set rate per member per month for a specific set of medical
services.
, Accounts Receivable Aging
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It is critical to track aging in medical groups because the profitability of
collecting fees for services rendered decreases dramatically as the
accounts receivable get older.
What is provider productivity?
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Determining the amount of revenue a medical group will earn begins with a
process of listing all providers who bill for procedures and what the
individuals have produced in terms of gross charges, number of patient
visits, and RVUs.
What is payer mix?
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Lists the percentage of charges made to each of the principal payers.
What are the different types of reports in the management aspect?
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