Revenue Cycle

High-impact clinical revenue cycle key performance indicators

May 24, 2019 9:46 pm
  1. Average daily revenue

  2. Quality metrics

  3. Percentage of incorrect or missing gross charges / total gross charges

  4. Gross revenue in revenue capture work queues / average daily revenue

  5. Charge reconciliation compliance rate

  6. Acuity metrics (e.g., case mix index, capture rates of complications and comorbidities [CCs] and major CCs, and risk adjustment factor scores)

  7. Days to final bill

  8. Late charges as a percentage of total charges

  9. Cost to collect (by functional area)

  10. Initial denial rate and denial recovery rate

  11. Gross revenue yield

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