What are the Red Flags in Revenue Cycle Performance?

What are the Red Flags in Revenue Cycle Performance?

EqualizeRCM Blog
What are the Red Flags in Revenue Cycle Performance? Lack of accurate and regular KPI reporting Days in AR > 60 days Denial rates > 10% AR 90+days > 30% For everyone involved in healthcare finances, it is important to understand the red flags in revenue cycle management. For all healthcare providersa, revenue cycle is a key cog in cash flow and financial health. However, monitoring a providers' financial performance by tracking key performance indicators (KPIs) is not a skill set that everyone needs to master. The first indicator of poor performance is the lack of KPI reports. Some organizations are not producing accurate and reliable KPI reports on a daily, weekly, or monthly basis. The lack of these key reports should be your first red flag in quickly assessing…
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