Events Calendar

Mon
Tue
Wed
Thu
Fri
Sat
Sun
M
T
W
T
F
S
S
27
28
29
30
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
23
24
26
27
28
29
31
Biosensors and Bioelectronics 2021
2021-10-22 - 2021-10-23    
All Day
Biosensors and Bioelectronics 2021 conference explores new advances and recent updated technologies. It is your high eminence that you enhance your research work in this [...]
Petrochemistry and Chemical Engineering
2021-10-25 - 2021-10-26    
All Day
Petro chemistry 2021 directs towards addressing main issues as well as future strategies of global energy industry. This is going to be the largest and [...]
Cardiac Surgery and Medical Devices
2021-10-30 - 2021-10-31    
All Day
The main focus and theme of the conference is “Reconnoitring Challenges Concerning Prediction & Prevention of Heart Diseases”. CARDIAC SURGERY 2020 strives to bring renowned [...]
Events on 2021-10-22
Events on 2021-10-25
Events on 2021-10-30
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.

source