Do you know your health center’s denial rate and trends? If not, this installment of our mini-blog series overviewing Key Performance Indicators of the Revenue Cycle in NextGen will cover how to discover your denial rate and top denials so you can improve your clean claim rate and your health center’s Revenue Cycle health overall.
Measuring Your Revenue Cycle Performance: Denial Rate & Denial Trends
Topics: Revenue Cycle Management
Calculating Your Clean Claim Rate in Your Revenue Cycle
Ensuring a healthy Revenue Cycle requires maintaining a high rate of clean claims. In this second installment of our mini-blog series overviewing Key Performance Indicators (KPIs) of the Revenue Cycle, we will discuss how to calculate your health center's clean claim rate.
Topics: Revenue Cycle Management
Calculating Key Performance Indicators in Your Revenue Cycle
Is your health center's Accounts Receivable lower than 50 days? Does your billing department have the expertise to identify potential billing issues? If the answers to these questions are no, your Revenue Cycle may need some help. The Revenue Cycle is a vital part of a health center’s inner workings. In this new mini-blog series, we will discuss some Key Performance Indicators (KPIs) that can identify trends, recognize potential issues, and evaluate the effectiveness of your revenue cycle department. In this post, we will look at Days in Accounts Receivable (A/R) and the Percent of A/R over 90 Days in Nextgen Practice Management.
Topics: Revenue Cycle Management