Chiropractic Office Billing execution Index 2006 - Top 10 Best-Paying insurance clubs

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A monthly Billing Precision Index lists ten best paying insurance associates for chiropractic Cpt codes in the past month. Participation in the index is driven by multiple criteria starting with valuable minimum of submitted claims and including the all leading billing doing measure, which is the percent of accounts receivable beyond 120 days.

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While showing a low percent of accounts receivable beyond 120 days is valuable to be included in the billing index, the frequency of participation in the index is a more robust doing portion as it also serves to portion billing doing consistency over longer time period.

For the yearly doing review, index participation frequency table shows both the range of monthly index and its stability over time. Since Billing Precision started posting its index only in June 2006, the highest inherent frequency earned by an insurance enterprise in 2006 is 7.

Seven times:
United Healthcare: billing index in the middle of 5 and 12 Medicare New Jersey: billing index in the middle of 11 and 17 Cigna: billing index in the middle of 12 and 18 Five times: Horizon: billing index in the middle of 3 and 18 Aetna: billing index in the middle of 5 and 20 Medicare Wisconsin: billing index in the middle of 18 and 42 Four times: Blue Cross Blue Shield Illinois: billing index in the middle of 5 and 15 Blue Cross Blue Shield New Jersey: billing index in the middle of 16 and 22 Three times: Blue Cross Blue Shield Wisconsin: billing index in the middle of 3 and 7 Blue Cross Blue Shield Florida: billing index in the middle of 5 and 55 Oxford: billing index in the middle of 6 and 15 Twice: Blue Cross Blue Shield Texas: billing index in the middle of 2 and 33 Medicare Florida: billing index in the middle of 6 and 17 Medicare Virginia: billing index in the middle of 10 and 15 Health Eos: billing index in the middle of 12 and 20 Once: Medicare West Virginia: billing index 1 Triad: billing index 3.5 Benesight: billing index 5 Care First Nca: billing index 7 Liberty Mutual: billing index 12 Medicare Alabama: billing index 12 Blue Cross Blue Shield Alabama: billing index 24 Florida 1st: billing index 24

Chiropractic office managers use the rule-based index to benchmark their billing doing and guide its improvement over time. Note that a easy comparison of a payer's doing metric to a national benchmark determines if that payer performs well, or not. The rule-based arrival to benchmarking also allows ranking of an entire set of payers by sorting them agreeing to the same doing metric. Rule-based benchmarking also allows for the identification of elite payers, those that accomplish best in comparison to every payer in the country, as shown by the index-driven ranking. Finally, since the billing index stands for the entire set of such agree participants, the whole of times a given payer has participated in the monthly index determines its doing stability.

In divergence to the monthly Bpi, which lists ten best paying insurance associates for chiropractic Cpt codes in the past month prime agreeing to multiple criteria, e.g., minimal processed claim volume, the yearly Bpi simply counts the frequency of the payer participation in the monthly Bpi of the previous year. While showing a low percent of accounts receivable beyond 120 days is valuable to be included in the billing index, the frequency of participation in the index is a more robust doing metric as it also serves to portion billing doing consistency over longer time period.

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