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Showing results for tags 'charged'.
I had posted on another thread that I am looking to renew my contract and maybe go to a straight production contract for my derm job. When I joined the practice, I was told that they had good collections, around the 80% mark. That seemed to be excellent. However, yesterday I had them pull my charged amount for the year and it showed that I had charged (or billed?) about $900K but the net received, which I am assuming is collected monies, was only about $360K. That's a collection rate of 40%. That didn't seem right. What are typical collection rates you guys are seeing out there?