I found this excerpt from a finance book that gives a great case study on understanding hospital financial statements. analyzing financial statements
Key Revenue Cycle Metrics
Today’s healthcare revenue cycle remains as complex as ever. While cash is still and will always be king, there is growing need for an additional layer of high-performance KPIs that seek to better exploit potential areas of new business opportunity as well as expose areas where bottlenecking, inherent risk, or lagging performance exists. This report […]
Key Metrics in Revenue Cycle Management
This PDF from Navicure inc., lists the top Four Key Performance Metrics and goes in-depth in explaining how they are created. 1)Days in A/R 2)Percentage of A/R >120 days 3)Adjuster (or Net) collection Rate 4)Denial Rate key-metrics-guide
Medical Billing Best Practices: Metrics and Key Performance Indicators
Medical Billing Best Practices: Metrics and Key Performance Indicators Below is a sample from a recent blog I saw concerning some of the best metrics (Key Performance Indicators -KPI’s) for Medical billing. How does your medical billing department stack up to industry best practices? This is a question that is unfortunately not asked very often […]
Recent Comments