How To Optimize Collections With Performance Metrics & Management Reporting
For health and human services provider organizations, managing revenue cycle operations is a significant factor in measuring overall financial performance. If financial performance isn’t where it needs to be, organizations run the risk of falling short of financial targets needed to maintain a healthy bottom line or missing the mark on value-based contractual requirements with payers.
Effectively managing financial performance requires an understanding of the key performance indicators (KPIs) targets that should be utilized to assess your revenue cycle management (RCM) operations and will define the management reports needed to achieve your performance goals (see Best Practices For . . .