Aging Report in Medical Billing
An aging report in medical billing is a document that shows outstanding claims and balances, categorized by how long they have been unpaid.
Aging Report in Medical Billing Explained
The aging report helps healthcare providers track unpaid claims and patient balances. It typically categorizes outstanding amounts into time brackets, such as 30, 60, 90, and 120 days past due, helping the provider focus on overdue payments and follow-up actions.
For example, a billing manager uses the aging report to prioritize follow-up with insurance companies or patients who have balances that are more than 60 days overdue.
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