Net Collection Rate in Medical Billing – Why It Matters
The net collection rate in medical billing is a key performance metric that shows how much of the money a healthcare provider is actually collecting compared to what they’re owed after adjustments. A high net collection rate means your billing process is efficient and you're successfully collecting most of your allowable revenue. Monitoring this rate helps identify issues like underpayments, claim denials, or poor follow-up, making it essential for a financially healthy practice.
(https://precisionhub.com/pc-ra....tio-in-medical-billi
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