As a Mid-Revenue Cycle Director, one key area of responsibility is charge capture and reconciliation. These crucial areas ensure that your healthcare organization is billing appropriately and receiving all due payments.
New to your role? In the first 90 days, monitoring and optimizing charge capture and reconciliation processes is essential for improving revenue cycle performance, reducing denials, and enhancing overall financial health.
This guide outlines what to do within the critical first 90 days of your role (if you’re past that, download it anyway to see if you’re monitoring these critical charge capture analytics and KPIs). In each of the guide’s section, you’ll see the charge capture metrics to measure such as charge lag, charge capture efficiency, and more, and the benchmarks for other hospitals to compare yourselves to:
- First 30 Days: Understanding, Assessing, and Building Relationships
- 60 Days: Strategy and Optimization
- 90 Days: Strategy, Optimization, and Collaboration
By downloading this guide, you’ll learn:
- The KPIs and charge capture analytics to monitor in your role as a Mid-Revenue Cycle Director
- Benchmarks for those KPIs so you can measure yourself accordingly
- How medaptus’ Charge Pro solution helps you report on these KPIs
