Performance of eight participants of February BPI dropped in comparison to January BPI:

• Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
• Cigna 12.4 (down from 11.2 in January)
• Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
• Medicare New Jersey 17.6 (down from 14 in January)
• Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
• United Health Care 19.7 (down from 19.2 in J
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  Billing Performance Index (BPI) in February 2007 underperformed its January value by another 2.2%, dropping the index from 15.4 down to 17.6, while retaining all of January participants on the list of top ten performers. Chiropractic Billing Performance Index guides chiropractic office managers and helps the development of both chiropractic billing software and billing performance standards. This article describes the 9-th iteration of a rule-based chiropractic billing index, including its coverage definition, update cycle, volume weighting, and provided information.

  BPI = 17.6 means that the average of ten top performing payers working with Billing Precision clients have 17.6% 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 the Billing Precision's system.

  • Billing Precision Index 17.6
  • Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
  • Cigna 12.4 (down from 11.2 in January)
  • Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
  • Aetna 17 (up from 18.3 in January)
  • Medicare New Jersey 17.6 (down from 14 in January)
  • Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
  • United Health Care 19.7 (down from 19.2 in January)
  • Medicare Illinois 19.8 (up from 25.9 in January)
  • Blue Cross Blue Shield New Jersey 20.5 (down from 16.9 in January)
  • Medicare Wisconsin 29.7 (down from 29.1 in January)

  February BPI has dropped no participants from January BPI.

  February BPI has improved two participants with respect to January BPI:

  • Aetna 17 (up from 18.3 in January)
  • Medicare Illinois 19.8 (up from 25.9 in January)

  Performance of eight participants of February BPI dropped in comparison to January BPI:

  • Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
  • Cigna 12.4 (down from 11.2 in January)
  • Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
  • Medicare New Jersey 17.6 (down from 14 in January)
  • Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
  • United Health Care 19.7 (down from 19.2 in Ja
    Business Debt – Ways to Reduce Business Debt!
    But does it always come out to be true? Most of the time, but not always, there are times when you as a business person has been left in a situation where expenses and losses are more than your profits and soon you find out that you have incurred business debts.Business debts are normal for any business, but excess of anything is bad, in the same way, business debts when they cross the limits are bad for the business and your reputation. This is the time when you need to act rather than think. There are several services available which will re
    ion, update cycle, volume weighting, and provided information.

    BPI = 17.6 means that the average of ten top performing payers working with Billing Precision clients have 17.6% 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 the Billing Precision's system.

    • Billing Precision Index 17.6
    • Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
    • Cigna 12.4 (down from 11.2 in January)
    • Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
    • Aetna 17 (up from 18.3 in January)
    • Medicare New Jersey 17.6 (down from 14 in January)
    • Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
    • United Health Care 19.7 (down from 19.2 in January)
    • Medicare Illinois 19.8 (up from 25.9 in January)
    • Blue Cross Blue Shield New Jersey 20.5 (down from 16.9 in January)
    • Medicare Wisconsin 29.7 (down from 29.1 in January)

    February BPI has dropped no participants from January BPI.

    February BPI has improved two participants with respect to January BPI:

    • Aetna 17 (up from 18.3 in January)
    • Medicare Illinois 19.8 (up from 25.9 in January)

    Performance of eight participants of February BPI dropped in comparison to January BPI:

    • Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
    • Cigna 12.4 (down from 11.2 in January)
    • Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
    • Medicare New Jersey 17.6 (down from 14 in January)
    • Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
    • United Health Care 19.7 (down from 19.2 in J
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      Tax filing season is right round the corner and it is time to get organized with the paper work and forms. In case you are nervous about filling the tax returns properly or your tax return is complicated you should think about using the services of a qualified tax preparer.A tax preparer will charge you for filling your tax returns but you are the one who will responsible for the information on the return. So, choose a tax preparer with care.It is in your own interest to choose a qualified and reputed professional. When choosing a tax p
      system.
      • Billing Precision Index 17.6
      • Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
      • Cigna 12.4 (down from 11.2 in January)
      • Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
      • Aetna 17 (up from 18.3 in January)
      • Medicare New Jersey 17.6 (down from 14 in January)
      • Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
      • United Health Care 19.7 (down from 19.2 in January)
      • Medicare Illinois 19.8 (up from 25.9 in January)
      • Blue Cross Blue Shield New Jersey 20.5 (down from 16.9 in January)
      • Medicare Wisconsin 29.7 (down from 29.1 in January)

      February BPI has dropped no participants from January BPI.

      February BPI has improved two participants with respect to January BPI:

      • Aetna 17 (up from 18.3 in January)
      • Medicare Illinois 19.8 (up from 25.9 in January)

      Performance of eight participants of February BPI dropped in comparison to January BPI:

      • Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
      • Cigna 12.4 (down from 11.2 in January)
      • Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
      • Medicare New Jersey 17.6 (down from 14 in January)
      • Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
      • United Health Care 19.7 (down from 19.2 in J
        Using Auto Responders and Squeeze Pages
        Squeeze PagesUsually when potential business associated meet they shake hands, exchange business cards and discuss their businesses. On the internet, however, it is very different. Potential customers can view your website and all your contact information without even meeting you. This is where you may want to use a squeeze page.When someone views your squeeze page it prompts them to leave their contact information behind. If this is not done you may end up losing a lot of profitable business relationships because you do not know the pr
        from 19.2 in January)
      • Medicare Illinois 19.8 (up from 25.9 in January)
      • Blue Cross Blue Shield New Jersey 20.5 (down from 16.9 in January)
      • Medicare Wisconsin 29.7 (down from 29.1 in January)

      February BPI has dropped no participants from January BPI.

      February BPI has improved two participants with respect to January BPI:

      • Aetna 17 (up from 18.3 in January)
      • Medicare Illinois 19.8 (up from 25.9 in January)

      Performance of eight participants of February BPI dropped in comparison to January BPI:

      • Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
      • Cigna 12.4 (down from 11.2 in January)
      • Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
      • Medicare New Jersey 17.6 (down from 14 in January)
      • Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
      • United Health Care 19.7 (down from 19.2 in J
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        Adjustable mortgage rates, as the name suggests, are not fixed. One can literally see hundreds of articles in newspapers and online resources daily related to the varying interest rates and the reasons for the same. These rates can vary drastically by state, depending on what the specific market conditions are. Since the adjustable mortgage rates are subject to economic conditions, the varying economic conditions in different states may mean different rates of interest. Interest rates tend to vary from state to state. Since interest rates are open to

      Performance of eight participants of February BPI dropped in comparison to January BPI:

      • Blue Cross Blue Shield Illinois 11.2 (down from 9.4 in January)
      • Cigna 12.4 (down from 11.2 in January)
      • Blue Cross Blue Shield Texas 14.3 (down from 10.3 in January)
      • Medicare New Jersey 17.6 (down from 14 in January)
      • Blue Cross Blue Shield South Carolina 19 (down from 12.7 in January)
      • United Health Care 19.7 (down from 19.2 in January)
      • Blue Cross Blue Shield New Jersey 20.5 (down from 16.9 in January)
      • Medicare Wisconsin 29.7 (down from 29.1 in January)

      February BPI added no new participants to January BPI.

      Coverage

      BPI is rule-based, i.e., payer participation in the index is defined by dynamically rules at the time of computation and not by a static listing of specific payers. Therefore, any specific payer may start or discontinue participation in the index, dependent on satisfaction of rule's conditions.

      Current selection of payers for participation in the BPI is based on fifty top-volume providers across all United States that have received Billing Precision services for more than six months and have more than two hundred claims in their current Accounts Receivable.

      Update Cycle

      BillingPrecision.com updates BPI on a monthly basis.

      Volume Weighting

      BPI is volume weighted, which is important to accommodate future growth of provided information, index combinations, and sensitivity across multiple indices.

      Information Provided

      BPI computes the percent of Accounts Receivable beyond 120 days. Note that national average across all medical specialties of percent of accounts receivable beyond 120 days is 17.7%.

      Summary

      Chiropractic Billing Performance Index helps the development of both chiropractic billing software and billing performance standards. Chiropractic office managers can use the index to benchmark their billing performance and guide its improvement over time. Rule-based index definition allows for automated inclusion and exclusion of payers in the index based on payer attributes, such as numbers of processed claims, accounts receivable distribution, certain mix of CPT codes, or patient demographics.