Revenue Insights Dashboard

Revenue Insight

As healthcare evolves, the methods for managing revenue and achieving optimal collections have grown progressively more complex. Claims are often rejected because key information was not captured while the patient was in the hospital receiving care. Other times, claims are sent out automatically before key data is entered. These are situations where properly designed dashboards – customized for your specific facility – can help with maximizing revenue.  Moreover, a quick glance at your personalized dashboard each morning gives you updates on your Key Performance Indicators (KPIs) before the day begins.  Those KPIs may include:

• Collections month-to-date compared to last year or the previous month
• Collections as a percent of submitted by payer
• Denials from yesterday, this week, this month, etc.
• Denials by reason
• Denials worked versus denials accepted as non-collectible
• Number of patients currently in hospital
• Emergency Room activity from previous day
• Outpatient surgeries month-to-date
• Expected collections based on historical trends by payer payment patterns

Revenue Simplified not only collects your payments, we provide you with proactive information on managing cash flow when we take the role of Extended Business Office Partner. Contact us today at info@revenuesimplified.com to find out how we can customize your essential real time reporting.