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  • Member You - Chiropractic Office Billing Service Performance Benchmark - October 2006

    Create Your Own Self-Brand For More Success
    When I originally published this article, there was a picture next to it of three well-known name brand products. There was Tide laundry Heinz ketchup, and Pepsi cola. Even though the pictures of the ketchup and cola bottles were small, you could still easily determine their brands from the colors of the packaging and the shapes of the bottles.The managers who manage those brands at their respective companies have worked very hard over many years to make certain that you (in the U.S. and certa
    Blue Cross Blue Shield Illinois 7.1 (up from 14.8 in September)
  • Medicare New Jersey 10.8 (up from 13.2 in September)
  • United Health Care 11.7 (down from 9.7 in September)
  • Cigna 12.2 (up from 18 in September) <
    Time-Out
    When young children misbehave, many parents, teachers and caregivers insist on a time-out. Think how much better your workplace would be if you initiated the same approach. No, not for your boss or coworkers, but for yourself.It's hard to be amenable to reason or hear a contrary point of view when we're stubbornly clinging to our position. It's hard to hear a new idea when the change that's being suggested will negatively impact us. And it's hard to offer constructive input when we're approaching the ed
    October Billing Performance Index (BPI) outperformed September value by 23%, replacing one participant in the list of top ten performers and raising the index from 21.9 up to 17.8. This article describes a fifth iteration of a prototype for a rule-based chiropractic billing index, including its coverage definition, update cycle, volume weighting, and provided information.

    BPI = 17.8 means that the average of ten top performing payers working with BillingPrecision.com clients have 17.8% of Accounts Receivable beyond 120 days. BPI is a key billing performance characteristic, as it is a proxy of the claims that are never paid. Obviously, the lower is the index the better is billing performance. The table below also lists the top ten performing payers and their relative index as recorded in Billing Precision's system.

    • Billing Precision Index 17.8
    • Horizon 3.7 (up from 9.5 in September)
    • Blue Cross Blue Shield Wisconsin 6.9
    • Blue Cross Blue Shield Illinois 7.1 (up from 14.8 in September)
    • Medicare New Jersey 10.8 (up from 13.2 in September)
    • United Health Care 11.7 (down from 9.7 in September)
    • Cigna 12.2 (up from 18 in September) <
      Advertising Blimps Boldly Booster Business
      Have you ever considered using an advertising mini-blimp to drive sales to your company? As funny as this does sound, they work very well, that is as long as you follow a few simple rules of advertising. You see, Advertising 101 predicts that you need a disruptor to get the customers to take notice. Well a mini-blimp flying over your store, laundry mat, used car dealership or carwash ought to do the trick right?Certainly, but keep reading that text book because now that you have their undivided 5 second
      ed chiropractic billing index, including its coverage definition, update cycle, volume weighting, and provided information.

      BPI = 17.8 means that the average of ten top performing payers working with BillingPrecision.com clients have 17.8% of Accounts Receivable beyond 120 days. BPI is a key billing performance characteristic, as it is a proxy of the claims that are never paid. Obviously, the lower is the index the better is billing performance. The table below also lists the top ten performing payers and their relative index as recorded in Billing Precision's system.

      • Billing Precision Index 17.8
      • Horizon 3.7 (up from 9.5 in September)
      • Blue Cross Blue Shield Wisconsin 6.9
      • Blue Cross Blue Shield Illinois 7.1 (up from 14.8 in September)
      • Medicare New Jersey 10.8 (up from 13.2 in September)
      • United Health Care 11.7 (down from 9.7 in September)
      • Cigna 12.2 (up from 18 in September) <
        Advantages of Outsourcing
        This article points out some advantages of outsourcing, not just in a context of IT but in general context as well. Economist Simon Domberger published a study in 1998 called “The Contracting Organization” in which he published the results of his study of various organizations.According to this Study, the following are the benefits of outsourcing:Specialization If an organization focuses its attention on the activities at which it is very good and efficient, the value that it can add is maximize
        ts Receivable beyond 120 days. BPI is a key billing performance characteristic, as it is a proxy of the claims that are never paid. Obviously, the lower is the index the better is billing performance. The table below also lists the top ten performing payers and their relative index as recorded in Billing Precision's system.

        • Billing Precision Index 17.8
        • Horizon 3.7 (up from 9.5 in September)
        • Blue Cross Blue Shield Wisconsin 6.9
        • Blue Cross Blue Shield Illinois 7.1 (up from 14.8 in September)
        • Medicare New Jersey 10.8 (up from 13.2 in September)
        • United Health Care 11.7 (down from 9.7 in September)
        • Cigna 12.2 (up from 18 in September) <
          Case Study; The Re-Branding of an Online Think Tank
          The Think Tank we started a few years back got to the point that we needed to expand and go with the demand for new members or keep it small. Either way, we had to do some thing. After much thought we decided to try a little re-branding;Our new title is The Online Think Tank (unless we decide to re-Brand it later to serve a greater audience or spin-off one division for a separate endeavor). You see our members believe we must resurrect the Geological Society of Europe and set up networks of Online Think
          ayers and their relative index as recorded in Billing Precision's system.

          • Billing Precision Index 17.8
          • Horizon 3.7 (up from 9.5 in September)
          • Blue Cross Blue Shield Wisconsin 6.9
          • Blue Cross Blue Shield Illinois 7.1 (up from 14.8 in September)
          • Medicare New Jersey 10.8 (up from 13.2 in September)
          • United Health Care 11.7 (down from 9.7 in September)
          • Cigna 12.2 (up from 18 in September) <
            The Six Master Keys To Landing A Job
            I’ve listed the most successful techniques used to land a job in just about any field imaginable. Most people believe that getting a job relies upon a good resume and interview skills. Well, that is just not so. I have found that there is a formula that if applied correctly works almost every time. In fact, through research I have discovered that the common denominator among people who consistently got work was due to them incorporating The Six Master Keys in their presentations. Let’s take a look at them.
            Blue Cross Blue Shield Illinois 7.1 (up from 14.8 in September)
          • Medicare New Jersey 10.8 (up from 13.2 in September)
          • United Health Care 11.7 (down from 9.7 in September)
          • Cigna 12.2 (up from 18 in September)
          • Blue Cross Blue Shield New Jersey 17.7 (up from 22.5 in September)
          • Medicare Wisconsin 19.2 (up from 23.4 in September)
          • Aetna 20.1 (down from 19.8 in September)
          • Blue Cross Blue Shield Florida 44.6 (up from 55.5 in September)

          Dropped participant from September BPI:

          • Medicare Virginia 14.9

          Improved participants with respect to September BPI:

          • Horizon 3.7 (up from 9.5 in September)
          • Blue Cross Blue Shield Illinois 7.1 (up from 14.8 in September)
          • Medicare New Jersey 10.8 (up from 13.2 in September)
          • Blue Cross Blue Shield New Jersey 17.7 (up from 22.5 in September)
          • Medicare Wisconsin 19.2 (up from 23.4 in September)
          • Blue Cross Blue Shield Florida 44.6 (up from 55.5 in September)

          Underperforming participant with respect to September BPI:

          • United Health Care 11.7 (down fro

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