11 Statistics on Hospitals' Accounts Receivable

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Over the past half-decade, hospitals and health systems have continually improved their ability to collect payments, as the average days in accounts receivable has declined roughly 10 percent since 2006-07.

Here are 11 statistics on the average hospital A/R over the past several years from two credit rating agencies, Standard & Poor's Ratings Services and Moody's Investors Services. Note: All data are medians. S&P's data reflects only standalone hospitals in its portfolio, while Moody's data reflects standalone hospitals and single-state health systems in its portfolio.

S&P average hospital accounts receivable (days)
2006: 49.9
2007: 49.3
2008: 48.4
2009: 46.0
2010: 44.5
2011: 45.1

Moody's average hospital accounts receivable (days)
2007: 51.1
2008: 50.6
2009: 45.4
2010: 45.3
2011: 46.0

More Articles on Hospital Finance:

Helping Turn Around an Essential Safety Net: Q&A With Grady Health System CFO Mark Meyer
A New Legacy: Efficiently Managing Your System Conversion A/R Data Costs
5 Main Revenue Cycle Issues Spurred by Healthcare Reform

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