Boost Your Practice Revenue: Understanding Net Collection Rate
The net collection rate is a crucial metric in medical billing that shows the percentage of total payments collected compared to what was expected. Tracking this rate helps healthcare providers identify billing efficiency and spot areas for improvement.
By focusing on improving your net collection rate, your practice can enhance cash flow and reduce denied claims — leading to a healthier financial future.
Stay on top of your collections and keep your practice thriving!
(https://precisionhub.com/pc-ra....tio-in-medical-billi
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