Clearly we have two different scenarios (possibly more) but they do go hand-in-hand.
1. This scenario is looking at percentage from a practice management standpoint. In this scenario you will consider things like total charges, adjustments, payments, and so forth over a period of time and you'll even break it down by CPT and carrier (which means you had better be line-item posted payments and adjustments to charges). You use this approach to fine-tune your business (e.g. not taking this insurance anymore, not doing this CPT anymore, doing this CPT more, coding this way not that way, etc.).
2. This scenario is the percentage of how much you have made standpoint. How much you billed out, how much you have coming in. Nothing else matters (possibly). This is all your accountant cares about. This approach is the one you use to determine whether you want to do this crap any more or just go home.
Obviously, you have to have number 1 under control before you have number 2. HOWEVER, number 1 does not guarantee number 2.
It is important to keep in mind that when I talk billing, I am talking number 1.
JamesNT
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