313x Filetype PPTX File size 2.53 MB Source: www.cmgma.com
David
Brewer
REVENUE CYCLE
DIRECTOR, Consults with Allscripts clients 25 years of experience in
ALLSCRIPTS revenue cycle management,
to discuss their revenue cycle
performance practice management and
hospital management
Maximizes client results with a Passionate about using
variety of revenue cycle technology to reduce
solutions redundancy and increase
visibility into performance
© © 22002211 AAllllssccrriippttss HHeeaalltthhccararee,, LLLLCC anandd//oorr iittss affiaffilliiatateess.. 2
POLLING QUESTION #1
Which of the following best represents your role
in your organization?
A.Physician or Physician Extender
B.C-level Executive
C.Manager or Supervisor
D.Hands-on
Contributor/Billing/Coding
E.Other
© 2021 Allscripts Healthcare, LLC and/or its affiliates. 3
Why use a scorecard?
Establishes organization performance standards and goals
Provides clear accountability
Gives an understanding of overall practice performance
Keeps all departments aligned and working
cohesively
© 2021 Allscripts Healthcare, LLC and/or its affiliates. 4
Overview of key performance indicators
(KPIs)
Days in A/R % over 90 Denial Rate
Average number Percentage of A/R Percentage of
of days it takes a that is more than 90- claims denied by
practice to collect days old payers during a given
payments due period
40 days <20% <5%
Clean Net Gross
Claims Collections Collections
Average number Percentage of Percentage of
Ratio Ratio Rate
of claims paid upon reimbursement minus collections received of
the first submission contractual obligations the total amount
with payers allowed to collect
98% >98% >45%
*Data pulled from MGMA DataDive 2020 Reports and is based on multispecialty
© 2021 Allscripts Healthcare, LLC and/or its affiliates. practice data 5
POLLING QUESTION #2
How do you report key performance indicators?
A.We use our practice management system
B.We use a third-party analytics vendor
C.We use MS Excel and/or MS Access
D.We do not report KPIs
E.Not applicable
© 2021 Allscripts Healthcare, LLC and/or its affiliates. 6
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