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  • Will You Add? - Chiropractic Office Billing Service Precision Index-January

    Gain Competitive Advantage Through Corporate Culture Marketing
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    4.4
  • Medicare Florida 5.6
  • Health EOS 11.9
  • Improved participants with respect to December BPI:

    • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
    • Cigna 11.2 (up from 12 in December )
    • Medicare New Jersey 14 (up from 16.3 in December)
    • Blue Cross Blue Shield New Jersey 16.9 (up from
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      January 2007 Billing Performance Index (BPI) underperformed December 2006 value by 2.3%, replacing four participants in the list of top ten performers and dropping the index from 13.1 down to 15.4. This article describes an 8-th iteration of a rule-based chiropractic billing index, including its coverage definition, update cycle, volume weighting, and provided information.

      BPI = 15.4 means that the average of ten top performing payers working with Billing Precision clients have 15.4% of Accounts Receivable beyond 120 days. BPI is a key billing performance characteristic, as it is a proxy of the claims that are never paid. Obviously, the lower is the index the better is billing performance. The table below also lists the top ten performing payers and their relative index as recorded in the Billing Precision's system.

      • Billing Precision Index 15.4
      • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
      • Blue Cross Blue Shield Texas 10.3
      • Cigna 11.2 (up from 12 in December )
      • Blue Cross Blue Shield South Carolina 12.7
      • Medicare New Jersey 14 (up from 16.3 in December)
      • Blue Cross Blue Shield New Jersey 16.9 (up from 18.5 in December)
      • Aetna 18.3
      • United Health Care 19.2 (down from 7.1 in December)
      • Medicare Illinois 25.9
      • Medicare Wisconsin 29.1 (down from 18.5 in December)

      Dropped participants from December BPI:

      • Triad 3.5
      • Blue Cross Blue Shield Wisconsin 4.4
      • Medicare Florida 5.6
      • Health EOS 11.9

      Improved participants with respect to December BPI:

      • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
      • Cigna 11.2 (up from 12 in December )
      • Medicare New Jersey 14 (up from 16.3 in December)
      • Blue Cross Blue Shield New Jersey 16.9 (up from
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        that the average of ten top performing payers working with Billing Precision clients have 15.4% of Accounts Receivable beyond 120 days. BPI is a key billing performance characteristic, as it is a proxy of the claims that are never paid. Obviously, the lower is the index the better is billing performance. The table below also lists the top ten performing payers and their relative index as recorded in the Billing Precision's system.

        • Billing Precision Index 15.4
        • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
        • Blue Cross Blue Shield Texas 10.3
        • Cigna 11.2 (up from 12 in December )
        • Blue Cross Blue Shield South Carolina 12.7
        • Medicare New Jersey 14 (up from 16.3 in December)
        • Blue Cross Blue Shield New Jersey 16.9 (up from 18.5 in December)
        • Aetna 18.3
        • United Health Care 19.2 (down from 7.1 in December)
        • Medicare Illinois 25.9
        • Medicare Wisconsin 29.1 (down from 18.5 in December)

        Dropped participants from December BPI:

        • Triad 3.5
        • Blue Cross Blue Shield Wisconsin 4.4
        • Medicare Florida 5.6
        • Health EOS 11.9

        Improved participants with respect to December BPI:

        • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
        • Cigna 11.2 (up from 12 in December )
        • Medicare New Jersey 14 (up from 16.3 in December)
        • Blue Cross Blue Shield New Jersey 16.9 (up from
          How to Market Your Business During Your Lunch Hour
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          d in the Billing Precision's system.

          • Billing Precision Index 15.4
          • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
          • Blue Cross Blue Shield Texas 10.3
          • Cigna 11.2 (up from 12 in December )
          • Blue Cross Blue Shield South Carolina 12.7
          • Medicare New Jersey 14 (up from 16.3 in December)
          • Blue Cross Blue Shield New Jersey 16.9 (up from 18.5 in December)
          • Aetna 18.3
          • United Health Care 19.2 (down from 7.1 in December)
          • Medicare Illinois 25.9
          • Medicare Wisconsin 29.1 (down from 18.5 in December)

          Dropped participants from December BPI:

          • Triad 3.5
          • Blue Cross Blue Shield Wisconsin 4.4
          • Medicare Florida 5.6
          • Health EOS 11.9

          Improved participants with respect to December BPI:

          • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
          • Cigna 11.2 (up from 12 in December )
          • Medicare New Jersey 14 (up from 16.3 in December)
          • Blue Cross Blue Shield New Jersey 16.9 (up from
            Motivate Your Employees with Praise for a Job Well Done
            Praise for a job well done! Was the response most frequently given to me during my six-month Employee Loyalty Survey in 1995. At seminars across the country, I asked attendees to tell me the one thing that would improve their company loyalty. Present, were of all levels from entry to executive, and recognition is what American workers want most!I believe most executives, owners and managers secretly yearn for employees who have an emotional ownership in their company. Employees that operate as if they owned the co
          • Blue Cross Blue Shield New Jersey 16.9 (up from 18.5 in December)
          • Aetna 18.3
          • United Health Care 19.2 (down from 7.1 in December)
          • Medicare Illinois 25.9
          • Medicare Wisconsin 29.1 (down from 18.5 in December)

          Dropped participants from December BPI:

          • Triad 3.5
          • Blue Cross Blue Shield Wisconsin 4.4
          • Medicare Florida 5.6
          • Health EOS 11.9

          Improved participants with respect to December BPI:

          • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
          • Cigna 11.2 (up from 12 in December )
          • Medicare New Jersey 14 (up from 16.3 in December)
          • Blue Cross Blue Shield New Jersey 16.9 (up from
            Search Engine Optimization Tips
            Title: Make a title which will explain the Page! Keep your title short and to the point. Use your keywords in the page title. Keywords: Do not waste your time on useless Keywords, Be sure you are targeting the right keywords.Meta Tags: There are two things in Meta Tags one is "Keywords" and other is "Description" Put the keywords of the page in the "Keywords" and put the Description of page in the "Description".Meta Keywords: Meta Keywords is to define what keywords apply to your page. There are Many S
            4.4
          • Medicare Florida 5.6
          • Health EOS 11.9

          Improved participants with respect to December BPI:

          • Blue Cross Blue Shield Illinois 9.4 (up from 10.6 in December)
          • Cigna 11.2 (up from 12 in December )
          • Medicare New Jersey 14 (up from 16.3 in December)
          • Blue Cross Blue Shield New Jersey 16.9 (up from 18.5 in December)

          Underperforming participants with respect to December BPI:

          • United Health Care 19.2 (down from 7.1 in December)
          • Medicare Illinois 25.9
          • Medicare Wisconsin 29.1 (down from 18.5 in December)

          New participants with respect to December BPI:

          • Blue Cross Blue Shield Texas 10.3
          • Blue Cross Blue Shield South Carolina 12.7
          • Aetna 18.3
          • Medicare Illinois 25.9

          Coverage

          BPI is rule-based, i.e., payer participation in the index is defined by dynamically rules at the time of computation and not by a static listing of specific payers. Therefore, any specific payer may start or discontinue participation in the index, dependent on satisfaction of rule's conditions.

          Current selection of payers for participation in the BPI is based on fifty top-volume providers across all United States that have received Billing Precision services for more than six months and have more than two hundred claims in their current Accounts Receivable.

          Update Cycle

          BillingPrecision.com updates BPI on a monthly basis.

          Volume Weighting

          BPI is volume weighted, which is important to accommodate future growth of provided information, index combinations, and sensitivity across multiple indices.

          Information Provided

          BPI computes the percent of Accounts Receivable beyond 120 days. Note that national average across all medical specialties of percent of accounts re

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