Net Collections Percentage
Posted By admin On 14/05/18Skyrim Dawnguard Free Download Xbox 360 Usb. × • Search • ► • Channels ► • • • • • • • • • • • ► • Other Channels ► • • • • • • • • • • • • ► • Becker's Healthcare Websites ► • • • • • • • • ► • Print Issue ► • • • • • • • ► • E-Weeklies ► • • • • • • • • • • ► • Conferences ► • • • • • • • • ► • Webinars ► • • • ► • Whitepapers ► • • • ► • Multimedia ► • • • • • • • ► • Lists ► • • • • • • • • • • • • • • • • • ► • About Us ► • • • • • ► • Most Read ► • • • • • • • • • • • ► • Top 40 Articles ► • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • •. While not the only means of evaluating a provider’s revenue cycle, the net collection percentage, or NCP, can directly impact the level of financial support, if any, received by a provider under an arrangement with a health system. Specifically, if a provider under a financial assistance arrangement is not effectively collecting reimbursement, a higher level of financial support would be paid by the health system to the provider, negatively impacting the health system’s bottom line.
Accordingly, a health system should work to ensure it understands a provider’s NCP prior to commencement of a financial assistance arrangement. NCP can be simply defined as the percentage of dollars a provider collects from what is contractually owed to him or her. It is a measure of a provider’s effectiveness in collecting contracted reimbursement amounts and allows a provider to determine the amount of revenue lost due to reasons such as uncollectible debt, untimely filing, and other non-contractual adjustments.
The Medical Group Management Association (MGMA) Cost and Revenue Survey refers to the net collection percentage as the “adjusted fee-for-service collection percentage.” MGMA calculates the adjusted fee-for-service collection percentage using the following formula: Over the last several years, we have observed trends that demonstrate an indirect correlation between NCP and annual stipend amounts. For example, per MGMA, the NCP specific to the specialty of anesthesiology at the mean in 2014, 2015, and 2016 was 91.63%, 90. Oh Sanam Tere Ho Gaye Hum Mp3 Download on this page. 00%, and 87.72%, respectively, reflecting a compound annual growth rate (CAGR) of approximately -2%. Additionally, per MGMA, the annual stipend specific to the specialty of anesthesiology at the mean in 2014, 2015, and 2016 was $2,601,833; $2,824,339; and $2,959,895, respectively, reflecting a CAGR of approximately 7%. Accordingly, as NCP has decreased, the annual stipend amount has increased over the same time period. To illustrate the impact of a low NCP as it relates to a professional services arrangement with a provider, consider the following fact pattern specific to an anesthesiology physician practice: 1.