Tag: A/R
What's the polar vortex of HME?
January 9, 2014Liz Beaulieu, Editor
In the past few months, a number of people have emailed me suggesting an HME NewsPoll to get a pulse on the financial health of HME providers in 2013. A good way to do that, they said: Ask providers about their DSO, A/R and patient collection rates.
So that's what we did.
One of the people who emailed me noted that if a provider has 20+% A/R greater than 60 days old, that means trouble.
And wouldn't you know it, so far, the majority of respondents to the poll say they have 20+% A/R greater than 60...
