Days in A/R: what's your magic number?
Multiplying service-to-pay days by the percentage of payer mix for each payer will result in the optimum number of days in A/R. Changes in payer mix of at least 5 percent will affect this optimum number. For example, a higher percentage of self-pay patients results in a higher number of days in A/R.
Hobbs
Daniel
D
QHR Consulting Services, Brentwood, Tenn, USA. daniel_hobbs@qhr.com
D000067:Accounts Payable and Receivable; D005377:Financial Management, Hospital / Q000191:economics*; D007349:Insurance, Health, Reimbursement; D014481:United States