What type of test would be practical for a physician practice to determine unpaid claims?

Statistical sampling is a practical approach for a physician practice to determine unpaid claims because it allows for the analysis of a subset of claims to extrapolate findings to the larger population. This method is efficient and can yield valuable insights without the need to review every single claim, which can be time-consuming and resource-intensive.

By selecting a representative sample of claims, the practice can estimate the rate of unpaid claims, identify trends, and evaluate whether there are particular factors contributing to these unpaid claims. This method not only helps in understanding the issue on a broader scale but also supports compliance efforts by ensuring that the practice is aware of its financial health and can take action if needed.

Statistical sampling also lends itself to rigorous statistical methods that can enhance the reliability of conclusions drawn from the sample, ultimately supporting more informed decision-making within the practice regarding its revenue cycle management.