Net Collection Rate
AnsweredI am interested in measuring the performance of our medical billing staff. In doing some research, the net collection rate is suggested. The most common way to do that is (Payments-credits) / (Charges – Contractual Adjustments). Where can I get the numbers to do this? Thanks in advance.
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Hi David, I'd be happy to help. The report that would likely be the most helpful for you is the SimplePractice Appointment Status report, which you can find under Reports. Check the "Include Insurance" box to get a report of every session in SimplePractice, with columns for each appointment's fee, the client payment, and the insurance payment.
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