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Vital Stats Sample

Below is a listing of one our client’s performance indicators (vital stats) compared to national median values obtained from the Radiology Business Management Association (RBMA).

RBMA MEDIAN PMCS CLIENT
ADJUSTED COLLECTION PERCENTAGE 80.7% 96.4%
DAYS CHARGES IN ACCOUNTS RECEIVABLE 40.6 days 22 days
TOTAL WRITE OFFS AS A PERCENTAGE OF GROSS CHARGES 8.2% 1.4%
TOTAL WRITE OFFS AS A PERCENTAGE OF ADJUSTED CHARGES 19.5% 3.2%
BAD DEBT RECOVERY AS A PERCENTAGE OF COLLECTION AGENCY WRITE OFFS 7.5% 9.4%
BILLING/COLLECTION EXPENSE PERCENTAGE 8.8% 6.0%
BILLING/COLLECTION COST PER PROCEDURE $3.00 $2.88
ACCOUNTS RECEIVABLE AGING PERCENTAGE OVER 120 DAYS 13.9% 3.7%

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*The data above is based on surveys taken by the RBMA