I need to know the recommended distribution of accounts receivable by age for a medical practice. What is considered the optimal range of days outstanding for a medical practice?

The Medical Group Management Association tracks this benchmark by specialty.

"The median for multispecialty groups - as a percentage of total A/R per category - as reported in its Cost Survey, 2004 Report Based on 2003 Data, are:



"So, that's a norm, but the faster you can collect the money the more chance you have of collecting it at all. If you can beat this, do. Never rest.