The four big national commercial health insurers take an average of about 23 to 27 days to post payments to providers.
Thirty-five administrators of the traditional Medicare Part B physician services plans take an average of about 21 days to 48 days to pay. Medicaid plan payment speeds range from about 25 days in Connecticut to 107 days in Pennsylvania.
A practice management services firm, Athenahealth Inc. (Nasdaq:ATHN), has included those figures in a new PayerView database. The firm handled about $20 billion in billing for 52,000 U.S. providers in 2013.
See also: 13 Medicare facts you need to know.