Insurance aging reports: the money sitting on your shelf

Your AR aging report is a cash register showing money on the shelf.

Most practices carry 60-90 days of production in outstanding insurance claims. You produced the work. Insurance hasn't paid. That's capital tied up in receivables. If you're running 30K monthly production with 75-day aging, you're floating $75K of your own capital to insurance companies.

Here's the kicker: PPO plans pay faster when you follow their rules exactly. But most practices don't know their plan's rules. Missing a code modifier or claim filing deadline costs you 30-60 extra days of aging. That's another $25K-50K in working capital tied up.

Audit your aging by plan. Find the plans where you're waiting 90+ days. Those are the plans where your submission process is broken. Fix it. Call your rep. Get the actual rules in writing. Train your team.

A practice that can move from 75-day to 45-day AR aging unlocks $100K in working capital. Use that to fund growth, pay down debt, or improve staff compensation. Stop leaving free money on the table.