Reporting & Analysis

We find that you can’t manage what you don’t measure, which is why we believe reports are so important. Our clients appreciate this service, too. We review each practice to find the strengths on which we will continue to build, and discover any weaknesses, so those processes can be strengthened. Here are some major features of our standard reporting services and our practice management reporting:

Aged Patient Balance: A listing of all debit/credit accounts in alpha order. Can be sorted by amount of balance or alphabetically if desired. Accounts are categorized by claim age, current, over 30, over 60, etc.. A Non-Detailed Alpha Trail report will show the gross balances in each age period per financial class (HMO, PPO... or by major insurance carrier).

Aged Insurance Balance: A listing of all debit/credit accounts in alpha order. Can be sorted by amount of balance or alphabetically if desired. Accounts are categorized by claim age, current, over 30, over 60, etc.. A Non-Detailed Alpha Trail report will show the gross balances in each age period per financial class (HMO, PPO...or by major insurance carrier).

Transaction Summary: A complete listing of all transactions posted to active accounts to date by transaction type (CPT codes, Adjustments, Patient Checks, Insurance Checks (ERAs), Medicare, etc.). For example, if 2000 units are sent to us to be billed, the report confirms that 2000 units were billed and if the deposit shows $10,000 was deposited into the bank, the computer will show $10,000 posted.

Financial Report: A month-to-date and/or year-to-date listing of total charges, credits, adjustments by day or by month for the total practice and by provider. This report is used to balance to the amount that has been deposited. We find that clients use this report to reconcile posted money to their bank statements.

Procedure Code Report in Detail or Summary: Detailed analysis of procedures performed with names and initial date and last date of service included. The Summary analysis of procedures illustrates an aggregate of units, charges, payments and adjustments and the percent in relation to the total.

Procedure Utilization: A-Plus Medical Billing services provides a breakdown of procedures and the percentage or units of utilization by procedure, location of service, type of service or patient. Below is a typical report chart that shows procedure utilization.

Customized Reports: These reports are based on your specifications.

Practice Management Reports: These reports include the following graphic information:

Charges/Revenues/Adjustment Trends: A-Plus Medical Billing services creates graphic presentation of yearly charges, revenues, and adjustments. We will review with you any wide increases or decreases in numbers.

Insurance Payor Mix: A-Plus Billing Services provides a graphic presentation of the top ten revenue insurance carriers for a practice.

Denial Management: We will provide you with a graphic presentation of the top 15 reasons for denials - who is/are causing these denials - front desk, referrals, data entry, billing, insurance company? This report enables our managers to maintain a tight AR (is this accounts receivable?) since they are able to isolate the problems and work with the individual or area that is causing the problems.

Gross/Net Collection % Trends: We will design a graphic presentation of the annual trends in both gross and net collections.
Gross Collections = Revenues/Charges
Net Collection = (Revenues +  Adjustments) / Charges