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  • Hub You - Outsourced Chiropractic Billing Service Performance Benchmark - September 2006

    Hints and Tips on Getting Publicity for Events
    A) BackgroundUnfortunately local newspapers - relied on for so long as the mainstay of event publicity - are beset by falling circulations and deteriorating editorial quality. The old discussions about paid papers versus free papers seem very dated - now it is more a question of trying new ways of attracting visitors to events.B) Today’s Publicity PlanWhat you do will of course depend on your budget and who you want to attract. If you are serious about publicity you will a
    14.8
  • Medicare Virginia 14.9
  • Cigna 18 (up from 18.3 in August)
  • Aetna 19.8
  • Blue Cross Blue Shield New Jersey 22.5
  • Medicare Wisconsin 23.4 (up from 42 in August)
  • Blue Cross Blue Shield Florida 55.5
  • Get Rid of Your Customers - Treat Them Like Family
    After a careful marketing strategy, your customers are finally pursuing you. They want your goods, they want your services – but how do you know you have a marriage and not just a bad blind date? You want your customers to return in droves, if for no other reason than because, according to the Better Business Bureau, gaining the trust of a new customer is five times more expensive than continuing a relationship with a current one. The best way to maintain a successful relationship is to stop treating your c
    September Billing Performance Index (BPI) underperformed August value by 5.6%, replacing five participants in the list of top ten performers and dropping the index from 16.3 down to 21.9. This article describes a fourth iteration of a prototype for a rule-based chiropractic billing index, including its coverage definition, update cycle, volume weighting, and provided information.

    BPI = 21.9 means that the average of ten top performing payers working with BillingPrecision.com clients have 21.9% 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 21.9
    • Horizon 9.5 (down from 5 in August)
    • United Health Care 9.7 (up from 11.6 in August)
    • Medicare New Jersey 13.2 (up from 16.6 in August)
    • Blue Cross Blue Shield Illinois 14.8
    • Medicare Virginia 14.9
    • Cigna 18 (up from 18.3 in August)
    • Aetna 19.8
    • Blue Cross Blue Shield New Jersey 22.5
    • Medicare Wisconsin 23.4 (up from 42 in August)
    • Blue Cross Blue Shield Florida 55.5
    • <
      Cut Your Losses By Advertising Offline
      It has taken roughly four years of working online to understand what actually works and what does not. If you are trying to promote any business the most simple concept is that you need customers and how to obtain them. What I have found online is that there is seductive ad copy promising great results and hungry traffic that gobbles up your online goodies faster than you can stock your virtual shelves! Complete and utter hogwash! Do not believe for one minute what these gypsies are conveying through their
      ng index, including its coverage definition, update cycle, volume weighting, and provided information.

      BPI = 21.9 means that the average of ten top performing payers working with BillingPrecision.com clients have 21.9% 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 21.9
      • Horizon 9.5 (down from 5 in August)
      • United Health Care 9.7 (up from 11.6 in August)
      • Medicare New Jersey 13.2 (up from 16.6 in August)
      • Blue Cross Blue Shield Illinois 14.8
      • Medicare Virginia 14.9
      • Cigna 18 (up from 18.3 in August)
      • Aetna 19.8
      • Blue Cross Blue Shield New Jersey 22.5
      • Medicare Wisconsin 23.4 (up from 42 in August)
      • Blue Cross Blue Shield Florida 55.5
      • On The Job Training is Something You Cana(tm)t Afford to Skip
        Trained employees are more productive employees; there??™s no doubt about that. Whether you??™re your only employee or whether you??™ve got a growing staff, put OJT (on the job training) at the top of your To-Do list.Every job, no matter what it is, is done better and faster when those responsible for doing it are properly trained. In theory this sounds good. But in reality, small growing companies rarely have money in their operating budgets to cover training costs.Job-related tra
        ng 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 21.9
        • Horizon 9.5 (down from 5 in August)
        • United Health Care 9.7 (up from 11.6 in August)
        • Medicare New Jersey 13.2 (up from 16.6 in August)
        • Blue Cross Blue Shield Illinois 14.8
        • Medicare Virginia 14.9
        • Cigna 18 (up from 18.3 in August)
        • Aetna 19.8
        • Blue Cross Blue Shield New Jersey 22.5
        • Medicare Wisconsin 23.4 (up from 42 in August)
        • Blue Cross Blue Shield Florida 55.5
        • Mail Order Catalogs
          As consumer-buying power widens, so are shopping options. Included in those ioptions are mail order catalogs. Started by Aaron Montgomery Ward in 1872, this line of shopping has brought millions of products to many consumers who prefer to shop at home. As a travelling sales man, Aaron Ward realized that his rural customers, the fishermen and farmers could be better served by mail order. This innovation proved to be a revolutionary idea as the single paged catalog expanded to 540 paged illustrated publicatio
          • Billing Precision Index 21.9
          • Horizon 9.5 (down from 5 in August)
          • United Health Care 9.7 (up from 11.6 in August)
          • Medicare New Jersey 13.2 (up from 16.6 in August)
          • Blue Cross Blue Shield Illinois 14.8
          • Medicare Virginia 14.9
          • Cigna 18 (up from 18.3 in August)
          • Aetna 19.8
          • Blue Cross Blue Shield New Jersey 22.5
          • Medicare Wisconsin 23.4 (up from 42 in August)
          • Blue Cross Blue Shield Florida 55.5
          • How to use NLP for Business?
            What is Neuro-Linguistic Programming?Neuro-Linguistic programme is nothing but the study of human excellence. It is an art. It teaches you to be at the very best. It can change your life once for all. Neuro refers to your nervous system, the mental bridge of senses through which you feel, taste, hear, see and smell. Linguistic refers to our ability to use language, gestures and habits that reveal your thinking and belief and Programming refers to the way you can program your thoughts and behaviour m
            14.8
          • Medicare Virginia 14.9
          • Cigna 18 (up from 18.3 in August)
          • Aetna 19.8
          • Blue Cross Blue Shield New Jersey 22.5
          • Medicare Wisconsin 23.4 (up from 42 in August)
          • Blue Cross Blue Shield Florida 55.5

          Dropped participants from August BPI:

          • Blue Cross Blue Shield Texas 2.2
          • CareFirst NCA 6.8
          • Liberty Mutual 11.6
          • Oxford 15.4
          • Florida 1st 23.7

          Improved participants with respect to August BPI:

          • United Health Care 9.7 (up from 11.6 in August)
          • Medicare New Jersey 13.2 (up from 16.6 in August)
          • Cigna 18 (up from 18.3 in August)
          • Medicare Wisconsin 23.4 (up from 42 in August)

          Underperforming participant with respect to August BPI:

          • Horizon 9.5 (down from 5 in August)

          New participants with respect to August BPI:

          • Blue Cross Blue Shield Illinois 14.8
          • Medicare Virginia 14.9
          • Aetna 19.8
          • Blue Cross Blue Shield New Jersey 22.5
          • Blue Cross Blue Shield Florida 55.5

          Coverage

          BPI is rule-based, i.e., payer participation in the index is defined by dynamically rules a

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