Chiropractic Office Billing operation Index 2006 - Top 10 Best-Paying insurance clubs

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A monthly Billing Precision Index lists ten best paying guarnatee associates for chiropractic Cpt codes in the past month. Participation in the index is driven by manifold criteria beginning with indispensable minimum of submitted claims and along with the all prominent billing execution measure, which is the percent of accounts receivable beyond 120 days.

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While showing a low percent of accounts receivable beyond 120 days is indispensable to be included in the billing index, the frequency of participation in the index is a more robust execution quantum as it also serves to quantum billing execution consistency over longer time period.

For the every year execution review, index participation frequency table shows both the range of monthly index and its stability over time. Since Billing Precision started posting its index only in June 2006, the top potential frequency earned by an guarnatee firm in 2006 is 7.

Seven times:
United Healthcare: billing index between 5 and 12 Medicare New Jersey: billing index between 11 and 17 Cigna: billing index between 12 and 18 Five times: Horizon: billing index between 3 and 18 Aetna: billing index between 5 and 20 Medicare Wisconsin: billing index between 18 and 42 Four times: Blue Cross Blue Shield Illinois: billing index between 5 and 15 Blue Cross Blue Shield New Jersey: billing index between 16 and 22 Three times: Blue Cross Blue Shield Wisconsin: billing index between 3 and 7 Blue Cross Blue Shield Florida: billing index between 5 and 55 Oxford: billing index between 6 and 15 Twice: Blue Cross Blue Shield Texas: billing index between 2 and 33 Medicare Florida: billing index between 6 and 17 Medicare Virginia: billing index between 10 and 15 Health Eos: billing index between 12 and 20 Once: Medicare West Virginia: billing index 1 Triad: billing index 3.5 Benesight: billing index 5 Care First Nca: billing index 7 Liberty Mutual: billing index 12 Medicare Alabama: billing index 12 Blue Cross Blue Shield Alabama: billing index 24 Florida 1st: billing index 24

Chiropractic office managers use the rule-based index to benchmark their billing execution and guide its revising over time. Note that a simple comparison of a payer's execution metric to a national benchmark determines if that payer performs well, or not. The rule-based advent to benchmarking also allows ranking of an entire set of payers by sorting them according to the same execution metric. Rule-based benchmarking also allows for the identification of elite payers, those that accomplish best in comparison to every payer in the country, as shown by the index-driven ranking. Finally, since the billing index stands for the entire set of such settle on participants, the whole of times a given payer has participated in the monthly index determines its execution stability.

In contrast to the monthly Bpi, which lists ten best paying guarnatee associates for chiropractic Cpt codes in the past month superior according to manifold criteria, e.g., minimal processed claim volume, the every year Bpi naturally counts the frequency of the payer participation in the monthly Bpi of the previous year. While showing a low percent of accounts receivable beyond 120 days is indispensable to be included in the billing index, the frequency of participation in the index is a more robust execution metric as it also serves to quantum billing execution consistency over longer time period.

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