Finance question – health finance
The expected reimbursement rates for this time frame will depend on the type of payer and their policies. Generally, Medicaid and Medicare typically reimburse at higher rates than private insurers. Reimbursement rates can also vary depending on the services provided, so it is important to research and understand each payer’s policies prior to submitting claims.
Your expected accounts receivable (A/R) will be determined by how quickly you are able to collect payments from each payer. If payment is made in a timely manner, then A/R should remain relatively low; however, if there are delays in collecting payments or if certain claims are denied, then A/R could increase significantly.