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Physician Burnout Symposium
2021-01-07 - 2021-01-29    
All Day
Physician and Nurse Leader burnout is a public health crisis that demands action across the entire healthcare ecosystem. Burnout not only affects clinicians, but also [...]
Annual World Dental Summit
2021-01-18 - 2021-01-19    
12:00 am
Dental World Conference will provide an international platform for discussion of present and future challenges in oral health, dental education, continuing education and expertise meeting. World-leading [...]
Nutrition & Food Sciences
2021-01-25 - 2021-01-26    
All Day
Meet Inspiring Speakers and Experts at our 3000+ Global Events with over 1000+ Conferences, 1000+ Symposiums and 1000+ Workshops on Medical, Pharma, Engineering, Science, Technology [...]
Environmental Toxicology and Pharmacology
2021-01-27 - 2021-01-28    
All Day
EnviTox webinar 2021 offers a unique online platform to present research work and know the latest updates with a complete approach to diverse areas of [...]
Events on 2021-01-07
Events on 2021-01-18
Events on 2021-01-25
Events on 2021-01-27
White Papers

5 MUST-TRACK METRICS FOR PRACTICE PROFITABILITY

FIRST-PASS
RESOLUTION RATE
Metric 1.
What It Is:The first-pass resolution rate (FPRR) is the share of a practice’s claims that getpaid by insurers on first submission

Calculation:Total Number of Claim Charges Paid / Total Number of Charges Submitted

Benchmark:FPRR should be 90% or above.

Why It Matters: FPRR is a reflection of the effectiveness of your revenue cycle managementprocesses – from pre-visit processes like verifying insurance eligibility, adding required authorizations and maintaining accurate patient demographics topost-visit tasks like coding and billing. Getting it right the first time is criticalto maximizing both efficiency and profitability.

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