Hello all. 10+ years in medical practice here.
I am employed by a private dermatology practice with an in house billing department.
For those with the experience, or in the know, what should I be expecting, approximately, for a collection rate for a procedure based dermatology practice, not taking in to account contractual agreements. Is 60-65% collections reasonable on gross charges? Fair amount of medicare with supplements with some Medicaid.
Is your experience from in house billing or an outside billing company?
Thanks in advance.
I am employed by a private dermatology practice with an in house billing department.
For those with the experience, or in the know, what should I be expecting, approximately, for a collection rate for a procedure based dermatology practice, not taking in to account contractual agreements. Is 60-65% collections reasonable on gross charges? Fair amount of medicare with supplements with some Medicaid.
Is your experience from in house billing or an outside billing company?
Thanks in advance.
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