Remove Credit and Collections Remove Current Receivables Remove Download
article thumbnail

Develop a data-rich dashboard: Which medical billing metrics matter?

Waystar

Download the eBook to learn 7 steps for maximizing your healthcare RCM software. To calculate it: Divide total current receivables by the average daily charge. Remove your credit balance (which only offsets and, thus, distorts receivables; track those separately) Calculate your average daily charge based on the past 90 days (ex.

article thumbnail

7 Strategies to Reduce DSO and Enhance Cash Flow

Gaviti

Understanding Days Sales Outstanding Days Sales Outstanding, or DSO , is the average number of days it takes a company to collect revenue from an invoice. This includes both current, past and overdue invoices. Typically, a high DSO indicates that a company is having challenges collecting on invoices from its customers.

DSO 52
article thumbnail

Develop a data-rich dashboard: Which medical billing metrics matter?

Waystar

Download the eBook to learn 7 steps for maximizing your healthcare RCM software. To calculate it: Divide total current receivables by the average daily charge. Remove your credit balance (which only offsets and, thus, distorts receivables; track those separately) Calculate your average daily charge based on the past 90 days (ex.