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Food Technology & Processing
2021-12-01 - 2021-12-02    
All Day
Food Technology 2021 scientific committee feels esteemed delight to invite participants from around the world to join us at 25th International Conference on Food Technology [...]
Hypertension and Healthcare Expo
2021-12-13 - 2021-12-14    
All Day
Conference series LLC LTD is gratified to organize continuing medical education (CME) accredited event “2nd Global Conclave on Hypertension & Healthcare” scheduled on August 25-24, [...]
Events on 2021-12-01
Events on 2021-12-13
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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