How do commercial payors fare compared with Medicare when it comes to the following revenue cycle key performance indicators (KPIs)?
- Prior authorization/precertification denial rates
- Initial denial rates
- Request for information denial rates
- Accounts receivable greater than 90 days
- Bad debt
- Final denials
- Payor takebacks
The new quarterly revenue cycle KPI benchmarking report from Crowe supplies the answers revenue cycle leaders need to improve net revenue performance.
Our dedicated and experienced healthcare revenue cycle team has worked with hundreds of hospitals and health systems across the country to implement innovative solutions to their latest revenue cycle challenges. Contact the team today.
