How quickly do we get reimbursed?

The variance of payers and many outside factors make this a difficult question. However, the average turnaround in the industry is 30-45 days. Obviously, some are more and some are less. You may sometimes see different software or billing firms tout “you will get reimbursed in two weeks with our firm!” The fact is that Medicare/HCFA is required to hold the claim for 13 days for all electronic claims and 23 days for paper submissions. Even for commercial payers, 14 days is an exception and certainly not the rule.  The National average for Days In AR (for Family Practice) is 43.

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