[Clement Banda, MD]

I’m afraid this looks like my financial statement which has always been available to me but I never really understood the importance of the various components. I suspect this is a procedural practice where the allowables can be really high with one payer and not so much with another. When you do not have a dedicated billing outfit, the easiest way to do things is to charge the highest allowable to all the payers. That inflates one’s adjustments but one does not inadvertently leave money on the table. Additionally, one ends up with an inflated A/R. As someone else pointed out, this group and I need to aggressively write off debt we can never collect.

 

What an eye opener.

[Author]

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