A collection rate of 80-85% should be a goal for the practice administrator in charge of collections in the physician's office.

Name: A collection rate of 80-85% should be a goal for the practice administrator in charge of collections in the physician's office.
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Question

Quizplus · Accepted Answer

A collection rate of 80-85% is considered low for a medical practice. The goal should be a higher rate, typically above 90%, to ensure financial health and sustainability of the practice.

A Collection Rate of 80-85% Should Be a Goal for the Practice