Transform Your RCM & Embrace VBP in 2024: Top 5 Metrics Revealed

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Episode Description

Boost Your RCM Performance with Top Metrics & Insights

Struggling with revenue cycle management (RCM) in your home health business? In this episode of the Home Health Revealed podcast, discover the top 5 key metrics you need to track and improve for optimal performance in 2024.

This episode dives deep into:

  • Days Sales Outstanding (DSO): Keep your cash flowing smoothly with actionable tips to bring DSO down to 45-60 days.
  • Denial Rate: Slash denials to less than 5% and maximize reimbursements with expert strategies.
  • First Pass Acceptance Rate (FPAR): Achieve a 95% FPAR for cleaner claims and faster payments.
  • Claims Metrics: Eliminate backlogs and ensure timely billing with efficient processes.
  • Value-Based Purchasing (VBP) Metrics: Understand the VBP clinical and operational data and optimize your performance for future success.

Plus, gain valuable insights on:

Implementing a scorecard to track progress and measure impact.

Facilitating regular team discussions for improved collaboration. Don’t miss out! Listen to the Home Health Revealed podcast today and unlock the secrets to optimized RCM and a thriving home health business.

 

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