Revenue Cycle Kpi Dashboard

The toggle at the top right of the report allows the user to spin the information by year which will change all of the data within the display.

Revenue cycle kpi dashboard. Leaders can find the rate by dividing the total revenue cycle cost as found on the income statement by the total patient service cash collected which is on the balance sheet. Revenue cycle directors want to improve clinical workflow manage and improve operations to understand their performance but right now they have to use tools not in the ehr to do that. Revenue cycle management rcm kpis darya khripkova vice president rcm november 1 2018. Some kpis to look at include bad debt a r and claims denied.

Kpis are useful when it comes to identifying gaps but can also help lower compliance risk and ensure the accuracy of charges. Though revenue cycle kpis will vary depending on each specific facility s. Looking at revenue cycle key performance indicators is a great way to understand overall rcm performance and identify strengths and weaknesses. Jenna tropea online marketing strategist imaginesoftware thursday november 1st 2018 print email.

I have reworked the dashboard and added additional features to fit inside a single page. Introduction and overview of revenue cycle management kpis. The revenue cycle kpis dashboard tracks and measures your practice s performance and growth with days sales outstanding dso on a month to month and year to year basis. 5 revenue cycle kpis every cfo should track right now.

Starting with the period when a patient calls to schedule an appointment with the practice and ending when a balance is zeroed out is considered a revenue cycle. Confidential introduction equalizercm s experienced professionals provide platform agnostic revenue cycle management rcm services to healthcare providers across the united states. Revenue cycle management or rcm refers to all the processes involved in healthcare claims processing. Revenue kpi dashboard this kpi report is an update to one of the original dashboards on the site.

View accounting aging percentages by categories to improve your financial performance. To find healthcare revenue cycle efficiency and productivity provider organizations should create a cost to collect kpi. Looking at key performance indicators kpis is a great way to help determine if revenue cycle management is working well in your organization or if outsourcing to a third party may be more beneficial.