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Cash Flow Check-Up Quiz

Cash Flow Check-Up Quiz

This quiz will help you assess your practice's cash flow management. Please answer the following questions to identify areas of strength and opportunities for improvement.

Cash Flow Check-Up
1. How many days does it typically take to receive payment after billing? (Average Days in A/R)
46 to 60 days
Less than 30 days
30 to 45 days
More than 60 days
2. How frequently do you review the aging report of your accounts receivable?
Monthly
Weekly
Quarterly
Rarely
3. What is the success rate of your claims being paid on the first submission?
Less than 50%
Over 90%
50% to 74%
75% to 89%
4. How do you manage payment reminders for overdue accounts?
Inconsistently
Regularly
Not at all
Unsure
5. After providing services, how soon do you bill your clients?
Longer than 1 month
Within 24 hours
Within 1 week
Within 1 month
6. What policy do you follow for handling unpaid accounts?
Immediate follow-up
Follow-up after 30 days
Follow-up after 60 days
No specific policy
7. Which payment options do you provide to your patients?
Payment at point of service only
Several options (credit card, online, payment plans)
Limited options
Only one payment method
8. How frequently do you encounter billing errors leading to denied claims?
Frequently
Rarely
Occasionally
Very frequently

We Can Help Improve Your Cash Flow Management

Welcome to Certified Healthcare Billing, where we handle the complexities of medical billing services so you don’t have to. From our home base in California to clinics across the country, we ensure your billing is managed smoothly and professionally. We’re here to make sure your practice thrives!

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