Why 97% Net Collections Is the New Benchmark—and How HealthIQ Helps Practices Get There
Reaching a 97% net collection rate is no longer an aspirational target for top-performing practices in the United States—it’s quickly becoming the benchmark. In a demanding market like New York, where operating costs, state-specific payer rules, and administrative burden keep climbing, falling short of this standard can directly erode financial stability. A strong revenue cycle […]
Strong Accounts Receivable Management Is Critical For the Financial Health of Healthcare Providers
Strong Accounts Receivable Management Is Critical For the Financial Health of Healthcare Providers Effective AR management is essential for maintaining financial stability, ensuring timely reimbursements, and ultimately, for providing quality patient care. A healthcare practice may provide hundreds of thousands of billable care every month, yet it will not be keep its lights on, if […]