Measure:

Days in Total Discharged Not Final Billed (DNFB)

Purpose:
Trending indicator of claims generation process

Value:
Indicates revenue cycle performance and can identify performance issues impacting cash flow

Equation:
N: Gross Dollars in A/R (Not Final Billed)
D: Average Daily Gross Revenue 


Measure:

Days in Total Discharged Not Submitted to Payer (DNSP) 

Purpose:
Trending indicator of total claims generation and submission process

Value:
Indicates revenue cycle performance and can identify performance issues impacting cash flow

Equation:
N: Gross Dollars in DNFB + Gross Dollars in FBNS
D: Average Daily Gross Revenue


Measure:

Late Charges as a Percentage of Total Charges 

Purpose:
Measure of revenue capture efficiency

Value:
Identify opportunities to improve revenue capture, reduce unnecessary cost, enhance compliance, and accelerate cash flow

Equation:
N: charges with post date greater than three days from last service date
D: total gross charges


Measure:

Net Days Revenue in Credit Balance 

Purpose:
Trending indicator to accurately report account values, ensure compliance with regulatory requirements, and monitor overall payment system effectiveness

Value:
Indicates whether credit balances are being managed to appropriate levels and are compliant to regulatory

Equation:
N: Dollars in Credit Balance
D: Average Daily Net Patient Services Revenue