Collections

[ENT Doc]

I was curious to see what accounting method different (private) practices use, specifically regarding collections.  I think the accrual method tells a better story and allows for better management.  For those who use the accrual method, what % of A/R is typically written off?  What is your A/R turnover?  Does it differ significantly depending on the payer?  Lastly, is there industry data for this information?  Thanks for the thoughts!

[adventure]

I've found MGMA to be somewhat helpful. Check the 3rd page of this PDF (page 39), and page 7 of this one. There is probably some better industry data, but that's a start.