Running and working aging reports is a task that tends to be put on the back burner in many busy practices, but neglecting it can negatively affect the bottom line. When rejected claims get out of control and accumulate, two things can happen: 1) revenue can slow, and 2) you risk hitting timely filing limits (which could mean no payment at all for some of your claims).

Fortunately, there’s no reason to let the task become overwhelming—just make sure that your practice proactively tackles rejections by understanding how to run aging reports in your practice management system. This will allow you to run and work aging reports on a regular basis. A good rule to follow is that these reports should be run at least every 30, 60 or 90 days. By doing this, you can quickly see which claims remain outstanding, so you can take action to make sure they get paid. Read More ›