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  • Will You Add? - Chiropractic Office Billing Service Performance Benchmark - October 2006

    Fire Your CIO - If He's Not Implementing Strategy, Show Him the Door
    Gone are the days when the names of a company’s top leaders filled less than half a page of the annual report. The traditional executive leaders, the CEO, CFO and COO have a growing crowd of so-called officers jockeying for spaces in the executive parking lot. The Chief Information Officer, currently a fixture at most companies was just starting to get settled when CSOs, CCOs, CTOs, CROs, CMOs and myriad other C-something-Os have started jockeying for room in the executive suite.This small army of execs
    the top ten performing payers and their relative index as recorded in Billing Precision's system.

    • Billing Precision Index 17.8
    • Horizon
      Medical Billing - GE0 Record Fields 9 Through 14
      When doing medical billing of claims through electronic transmission media, the GE0 record is fairly new as enteral nutrition wasn't always something that was billable. In this installment of our GE0 CMN series, we cover fields 9 through 14.GE0 field 9, positions 44 - 51, is the date last seen field. This field tells the carrier the last time the patient saw the physician who issued this CMN. The reason this is needed is because with some items it is required that a patient see his or her doctor ever
      October Billing Performance Index (BPI) outperformed September value by 23%, replacing one participant in the list of top ten performers and raising the index from 21.9 up to 17.8. This article describes a fifth iteration of a prototype for a rule-based chiropractic billing index, including its coverage definition, update cycle, volume weighting, and provided information.

      BPI = 17.8 means that the average of ten top performing payers working with BillingPrecision.com clients have 17.8% 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 Billing Precision's system.

      • Billing Precision Index 17.8
      • Horizon
        What's in a Name?
        Product naming is a key aspect of branding. The name you ultimately choose will reflect who you are, your company’s personality and vision. But more importantly, it must unforgettably embody the promise of your product’s main benefit to your potential customers. It can dovetail generically with your competition, but ideally, it should stand out from the crowd. Where to begin? Here are some basic guidelines.If the field’s too crowded, be uniqueMSN Search, Netscape Search, AOL Search, the
        This article describes a fifth iteration of a prototype for a rule-based chiropractic billing index, including its coverage definition, update cycle, volume weighting, and provided information.

        BPI = 17.8 means that the average of ten top performing payers working with BillingPrecision.com clients have 17.8% 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 Billing Precision's system.

        • Billing Precision Index 17.8
        • Horizon
          10 Easy Ways To Scam Prospective Franchisees - A Franchisors Guide
          1) Pretend that you are in a partnership with the franchisee and hope they don’t read the franchise agreement. In it they’ll find that they can follow your instructions or get sued for breach.2) Use the old sales trick of creating artificial demand to get them to sign up. You know – the territory they are interested in is likely to be sold to someone else soon. Grab it now before it’s gone.3) Oversell the income potential of the franchise. Use the standard way of showing income potential in your
          rmation.

          BPI = 17.8 means that the average of ten top performing payers working with BillingPrecision.com clients have 17.8% 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 Billing Precision's system.

          • Billing Precision Index 17.8
          • Horizon
            Vertical File Storage System Saves Space - A Case Study
            Whether as an investment or an existing floor plan, space may well be the final frontier. To free more working space in a bustling Los Angeles office, one facility manager introduced a new filing and storage system that not only saved space, it improved filing efficiency and streamlined document retrieval in one of the busiest investment property offices in southern California.Amy Martin, owner of Universal Property Investments, identified improvements that needed to be made in the office. "Our building
            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 Billing Precision's system.

            • Billing Precision Index 17.8
            • Horizon
              Selecting Payroll Software
              How do you find the right payroll software for my business? When I go to start a new business, I am going to want and need good payroll software. However, there are a number of options out there in the way of payroll software so it's difficult to choose the one that is right for my business. The best thing to do, as with any major purchase, is to determine what you need in the software and then buy the package that works best for your business. When you are just starting your business, you are likely
              the top ten performing payers and their relative index as recorded in Billing Precision's system.

              • Billing Precision Index 17.8
              • Horizon 3.7 (up from 9.5 in September)
              • Blue Cross Blue Shield Wisconsin 6.9
              • Blue Cross Blue Shield Illinois 7.1 (up from 14.8 in September)
              • Medicare New Jersey 10.8 (up from 13.2 in September)
              • United Health Care 11.7 (down from 9.7 in September)
              • Cigna 12.2 (up from 18 in September)
              • Blue Cross Blue Shield New Jersey 17.7 (up from 22.5 in September)
              • Medicare Wisconsin 19.2 (up from 23.4 in September)
              • Aetna 20.1 (down from 19.8 in September)
              • Blue Cross Blue Shield Florida 44.6 (up from 55.5 in September)

              Dropped participant from September BPI:

              • Medicare Virginia 14.9

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