How To Use a 30-60-90 Day Report

The 30/60/90 Accounts Receivable report is one of the most common financial reports used by medical practices.  It shows the amount of money that has been owed to a practice for less than 30 days, 31-60 days, and 61-90 days (and 91+ days).    By comparing the amount of money in each aging bucket, a practice can get an immediate indication of how much money is owed the practice, and whether payments are coming in slower than they should.

However, the report can provide much more information than simply whether payments are being delayed.  The report can actually reveal specific weakness in the billing process that, when addressed, can improve collections.  It can also be manipulated, either intentionally or unintentionally, to conceal many of those same weaknesses.   This screencast provides some insights into how to set-up and read a  30/60/90 report to get these additional insights.

Rusty Wilson is the founder and principal of eMed Partners, a full-service medical billing company for physicians and medical practices.
For more about our billing services: http://emedpartners.com/
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