Accounts Receivable

Learn about the Accounts Receivable section of the survey.

Purpose

This section collects data on accounts receivable aging.

The Accounts Receivable categories used in the survey are:

  • 0 to 30 Days
  • 31 to 60 Days
  • 61 to 90 Days
  • 91 to 120 Days
  • Greater than 120 Days

Related Dashboards: Accounts Receivable, Percentage of Total A/R

  • Insurance Balance – Amount of charges due from insurance and other payers.
  • Patient Balance – Amount of charges owed by patients.
  • Total Balance – FORMULA: Sum of insurance balance and patient balance.
  • Percent A/R by Category – FORMULA: Amount of money in each accounts receivable category divided by the total amount currently in accounts receivable. 
  • Average Monthly Charges Outstanding in A/R – Total balance currently in accounts receivable divided by the average monthly gross charges (i.e., total gross charges/12 months).
  • Average Number of Days Outstanding in A/R - Total balance currently in accounts receivable divided by the average daily gross charges (i.e., total gross charges/365 days).