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28th World Congress on  Cardiology and Heart Diseases
2018-11-05 - 2018-11-06    
All Day
November 05-06, 2018 Hyatt Place Airport Hotel - Amsterdam, Netherlands Theme: Cardiology Congress: A Vivid Innovations In The Field Of Cardiology About Cardiology Conferences Cardiology [...]
World Innovation Summit for Health
2018-11-13 - 2018-11-14    
All Day
The World Innovation Summit for Health (WISH) 2018 will take place at Qatar National Convention Centre, Doha, on 13 and 14 November 2018. WISH is a global [...]
Events on 2018-11-05
Events on 2018-11-13
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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