This Kodiak revenue cycle KPI benchmarking report looks at the numbers behind the numbers to reveal why patients are taking longer to pay their bills.
Hospitals, health systems, and medical practices are waiting longer for payors and patients to pay their claims and bills, respectively, for reimbursable medical care provided to members and patients. The dynamic is wreaking havoc on providers’ revenue cycle performance with cash flow and accounts receivable metrics heading in the wrong direction.
This quarterly KPI revenue cycle benchmarking report from Kodiak Solutions (formerly Crowe healthcare consulting) correlates five revenue cycle KPIs to tell a worrisome story about waiting to be paid and how hospitals, health systems, and medical practices can work to reverse the situation.
Download the new revenue cycle KPI benchmarking report.
Our dedicated and experienced healthcare revenue cycle team has worked with hundreds of hospitals, health systems, and medical practices across the country to implement innovative solutions to the latest revenue cycle challenges. Contact the team today.
