45 min
Transform Your RCM & Embrace VBP in 2024: Top 5 Metrics Revealed Home Health Revealed (+Palliative and Hospice)
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- Health & Fitness
Boost Your RCM Performance with Top Metrics & Insights
Struggling with revenue cycle management (RCM) in your home health business? In this episode of the Home Health Revealed podcast, discover the top 5 key metrics you need to track and improve for optimal performance in 2024.
This episode dives deep into:
Days Sales Outstanding (DSO): Keep your cash flowing smoothly with actionable tips to bring DSO down to 45-60 days.
Denial Rate: Slash denials to less than 5% and maximize reimbursements with expert strategies.
First Pass Acceptance Rate (FPAR): Achieve a 95% FPAR for cleaner claims and faster payments.
Claims Metrics: Eliminate backlogs and ensure timely billing with efficient processes.
Value-Based Purchasing (VBP) Metrics: Understand the VBP clinical and operational data and optimize your performance for future success.
Plus, gain valuable insights on:
Implementing a scorecard to track progress and measure impact.
Boost Your RCM Performance with Top Metrics & Insights
Struggling with revenue cycle management (RCM) in your home health business? In this episode of the Home Health Revealed podcast, discover the top 5 key metrics you need to track and improve for optimal performance in 2024.
This episode dives deep into:
Days Sales Outstanding (DSO): Keep your cash flowing smoothly with actionable tips to bring DSO down to 45-60 days.
Denial Rate: Slash denials to less than 5% and maximize reimbursements with expert strategies.
First Pass Acceptance Rate (FPAR): Achieve a 95% FPAR for cleaner claims and faster payments.
Claims Metrics: Eliminate backlogs and ensure timely billing with efficient processes.
Value-Based Purchasing (VBP) Metrics: Understand the VBP clinical and operational data and optimize your performance for future success.
Plus, gain valuable insights on:
Implementing a scorecard to track progress and measure impact.
45 min