What the answer looks like.
A full report on illustrative data, so you can judge the method before you send anything. Every figure carries its denominator — that is the format, not a flourish.
Illustration built from modeled data. Not a customer, not a testimonial, not an average.
The headline figure.
$282,400 collected. $315,900 never arrived.
A single percentage means nothing without what it is a percentage of. The basis line is mandatory in every section of every report we produce.
By referring firm.
Usually the most actionable page in the report, and the one practices act on first.
| Firm | Cases | Billed | Collected | Realization | Avg months |
|---|---|---|---|---|---|
| Firm A | 61 | $168,400 | $97,700 | 58.0% | 12.4 |
| Firm B | 44 | $121,900 | $57,300 | 47.0% | 19.1 |
| Firm C | 73 | $203,100 | $75,100 | 37.0% | 26.2 |
| All others | 36 | $104,900 | $52,300 | 49.9% | 17.8 |
Firm names are lettered in this illustration. In your report they are your firms, named.
Same work, same practice: 21 points of realization and fourteen months separate the best relationship from the worst. That spread is what changes an intake decision.
Aging, the open book, and the waterfall.
Aging
How long money sits before it arrives, on closed cases and on the open book. The average in this illustration is 19.3 months.
Open book value
$612,900 billed and unfinished, valued at this practice's own historical behavior rather than at billed: $289,300.
Where it went
The waterfall applied to your book — attorney fees, costs, statutory recovery, and reductions, shown in order.
182 open cases at date of export · bucketed by months since date of first service · the 24+ bucket is flagged for review, not written off
Per $1,000 billed on a closed injury case · 214 closed cases · 24-month window · reduction measured against billed charges, not against allowed amounts
Illustrative figures throughout.
What you send, and what comes back.
The left side is what practices actually send us: an export, formats inconsistent, notes in the margin. We do not ask you to clean it.
One export from your practice management system · no integration, no access to your system, no patient names required
What we could not tell you.
Every report ends here. It names the questions your data was too thin to answer, rather than filling them with an average.
Three questions left unanswered.
Four referring firms had fewer than ten finished cases each and are grouped as "all others" — individually they cannot support a reliable figure. Case-type detail was absent from 31% of records, so no breakdown by procedure is offered. Reduction reasons were not captured in the source data, so the report can show the gap but cannot attribute it.
A report that never says this is telling you something about the company that produced it.
What you forward to the owner.
The report downloads as a document, not a screenshot of a dashboard. Same numbers, same bases, printed on the register a partner or a lender expects to read.
$282,400 collected ÷ $598,300 billed · 214 finished cases
Referring firms ranked, open book aged, the waterfall in order, and a closing section naming what the data could not answer — each figure carrying its denominator.
One spreadsheet from you. Your answer in a day.
Send your finished injury cases and we compute what they actually paid — case by case, firm by firm, with the math shown.
HIPAA agreement signed before any upload · Available in 37 states and DC · You pay us — nobody else does
The same read, for your segment
The same sections are computed for every segment we serve — each page shows what tends to surface there.
- ImagingImaging center lien AR: what PI referrals collect
For independent imaging centers carrying lien receivables from personal-injury referrals.
- Surgery centersASC lien receivables: realization on LOP cases
For physician-owned ASCs treating personal-injury cases under letters of protection.
- Pain managementPain management lien AR and LOP realization
For independent interventional pain practices with PI referral volume.
- Physical therapyPT lien receivables: what LOP cases really pay
For independent PT practices treating personal-injury patients on letters of protection.
- ChiropracticChiropractic lien AR: realization by referring firm
For independent, multi-location chiropractic groups with personal-injury volume.