The net collections ratio serves as a key financial indicator for physician practices, showing what was actually collected as a proportion of what the practice should have collected. Another definition,
Overwhelmed with the burden of ever-increasing non-medical obligations, such as reporting and compliance, many practices are considering reducing overhead by moving functions like billing, coding, and collections outside the practice.
Many practices still have a polarized view of in-sourcing versus outsourcing, not realizing that the optimal solution may lie somewhere in between. Insourcing, the traditional model, occurs when the practice