Events Calendar

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Forbes Healthcare Summit
2017-11-29 - 2017-11-30    
All Day
ForbesLive leverages unique access to the world’s most influential leaders, policy-makers, entrepreneurs, and artists—uniting these global forces to harness their collective knowledge, address today’s critical [...]
29th Annual National Forum on Quality Improvement in Health Care
2017-12-10 - 2017-12-13    
All Day
PROGRAM OVERVIEW The IHI National Forum on December 10–13​, 2017, will bring more than 5,000 brilliant minds in health care to Orla​​ndo, Florida, to find meaningful connections [...]
Dallas Health IT Summit
2017-12-14 - 2017-12-15    
All Day
About Health IT Summits U.S. healthcare is at an inflection point right now, as policy mandates and internal healthcare system reform begin to take hold, [...]
Events on 2017-11-29
Forbes Healthcare Summit
29 Nov 17
New York
Events on 2017-12-14
Dallas Health IT Summit
14 Dec 17
Dallas
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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