Bill Sample / December 8, 2018 / Lessie Larson
You would have gotten the product by simply from filling out an easy form without spending a dime. Its quite an easy process. If youre in the document creation business you know that each customer has their own specific requirements from invoices to direct mail to letterhead. This can make getting a proposal just right difficult as it is extremely hard to interpret what a client is thinking and turn it physically into something that fits the bill. This is where sample business proposals can really help. Consider for a moment that templates of any kind are meant to save the user time in that they can take the basic proposal form and modify it to suit their clients needs. If youre in writing or web creation this is excellent and all youll likely need.
When we started we used a very simple contract that really didnt cover much at all. When situations arose that were problems our contract was no help. We had to re-write it once we had been in the business for a while and knew what needed to be covered. So where does a new billing service start when they havent been in business long? Its hard to write a contract covering all areas and what to do when you havent experienced it yet. Most new billing services are working on limited capital and dont like to spend money on a lawyer writing a contract for them. Unfortunately many new services cut corners here to save money but thats not a good idea. Your contract should be at least looked over by a lawyer if not written by one. If possible you should try to find a general practice attorney who specializes in contracts.
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.