Revenue Cycle Management
High-impact clinical revenue cycle key performance indicators
May 19, 2019
11:27 pm
- Average daily revenue
- Quality metrics
- Percentage of incorrect or missing gross charges / total gross charges
- Gross revenue in revenue capture work queues / average daily revenue
- Charge reconciliation compliance rate
- Acuity metrics (e.g., case mix index, capture rates of complications and comorbidities [CCs] and major CCs, and risk adjustment factor scores)
- Days to final bill
- Late charges as a percentage of total charges
- Cost to collect (by functional area)
- Initial denial rate and denial recovery rate
- Gross revenue yield
