Guest guest Posted October 16, 2008 Report Share Posted October 16, 2008 Rick, I don't mean to hijack you're question but?I have a similar?question.? You're question is, " ...what?percentage do you find acceptable for outstanding AR... " ? My question is, " What percentage do you actually have in the following categories. Now, here is the rub.? Do you include accounts that are letters of protection (LOP's) from attorney, because they take forever to close?? Do you count the people that have been sent to collections? Me, personally, I don't count the LOP's because that is not really under my billing managers control.? I do, however, count the people turned over to collections as we should have received money from them.??(Caveat, you can't count them forever or you will become " top heavy " with this old debt.? I usually discard them after a year). That's just my?bit and if you have?better ideas, let me know.? With that being said, here is our information.?Input from others would be most helpful and everybody be honest!.?? Oh, by the way, people.? It's courtesy to state your name, town and where you practice when you?submit?on a list serve. 0-30 days??????? 37% 30-60 days????? 20% 60-90 days??????? 9% 90-120 days????? 3% Over 120???????? 31% Matt Capo, PT Accelerated Physical Therapy and Occupational Health, Inc. Bay St. Louis and Diamondhead, Mississippi Quote Link to comment Share on other sites More sharing options...
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