Bill Sample / December 9, 2018 / Mabel Cooke
Useful metrics must be comprehensive and simple. They must combine both complete end-to-end processes and their individual components. Metrics must be used consistently over time and compared to standards. Obviously different standards apply to different medical specialties patient demographics payers and samples of CPT codes. Medical billing metrics typically include compliance cash balances charges accounts receivable and collection ratios to help monitor cash flow. This article focuses on performance metrics. For discussion of compliance program see companion article on Medical Billing Compliance. Collection Ratios Traditional metrics include gross and net collection ratios. Both metrics are subjective to individual practice because they compare (often arbitrary) charges to (allowed) payments.
However if your in true document creation then you need something a little bit more detailed. Often clients are not entirely sure what they want. Sample business proposals are excellent in that they allow the client to see what their logo and letterhead will look like on different designs and thus allows the client several different options which makes the decision process that much easier. This also allows you to save time by not having to schedule endless meetings because the document is "just not quite right." Sample business proposals allow you to give your client a choice which moves the client along in the decision making process and will allow you to get a client signature to begin the work. It also allows you to complete the project very quickly taking into account the businesss specific look and feel as well as how they word their documents.
One simple idea is to bring in lab samples that you collect at home. Is your pet having a urinary problem? Try to collect a urine sample at home and then bring it in at appointment time. Your vet will have instructions on how to do this depending on whether you have a dog or cat. Its not that hard. Veterinarians love clients who bring in urine samples from their pet because it means less work for them! If urine must be collected by veterinary staff theres a chance youll have to pay for it especially if your pet wont "give it up" on his own and they have to obtain a sample using either a syringe or catheter. The price that you pay for groceries has skyrocketed lately. The cost of bread and milk has steadily been climbing over the last couple of years.