To validate the work done by the HFMA KPI Task Force on the third set of revenue cycle key performance indicators (KPIs).
HFMA assembled a task force of CFOs and revenue cycle leaders to address KPIs for the revenue cycle. This task force has developed key revenue cycle metrics that will allow hospitals to measure in a consistent way for the purpose of peer-to-peer comparison. HFMA is continuing the development of revenue cycle metrics by expanding into the next level of revenue cycle reporting, which includes the identification and prioritization of the next set of top KPIs. The task force has identified and prioritized the next six KPIs, and has also developed the draft measures, purpose, and value of each.