Medical Billing Software Tracks Revenue Cycle & KPIs - PowerPoint PPT Presentation

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Medical Billing Software Tracks Revenue Cycle & KPIs

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Medical Billing Software refers to the entire chain of clinical operations from scheduling an appointment to receiving reimbursements. KPIs show the essential data and make decisions based on its data. – PowerPoint PPT presentation

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Title: Medical Billing Software Tracks Revenue Cycle & KPIs


1
Medical Billing Software Tracks Revenue Cycle
KPIs
www.75health.com
2
Todays Topic
  • Introduction
  • Medical Billing Software Tracks Revenue Cycle
    KPIs
  • Key Benefits
  • Contact Us

www.75health.com
3
Introduction
www.75health.com
4
Medical Billing Software refers to the entire
chain of clinical operations from scheduling an
appointment to receiving reimbursements. KPIs
show the essential data and make decisions based
on its data. Keywords Medical Billing
Software, 75Health, Web-Based Medical Billing
Software
www.75health.com
5
Medical Billing Software Tracks Revenue Cycle
KPIs
  • The cash must be collected from the time of
    admission or during service or after seven days
    of post-discharge. Also, it includes self-pays
    and co-pays. T
  • The software measures the POS cash collections to
    find the efficiency of your systems or staff
    accounting skills. When something is not up to
    the mark then it immediately identifies and
    troubleshoots it.

www.75health.com
6
  • If the dashboard of Medical Billing Software
    shows the denial rate between 5 - 10, then it
    is acceptable. Above 10 is high risk and below
    5 is healthy financial flow.
  • The claim rate is the percentage of reimbursed
    claims upon the first submission. When the claim
    is rejected, the software shows the common
    pattern in rejected claims to rectify the future
    bills.
  • Running a hospital is important as financially
    maintaining the bills and documents for a perfect
    claim. Medical Billing Software is a data-driven
    process to find a way to improve your revenue
    collections.

www.75health.com
7
Key Features
  • Revenue Cycle Kpis
  • Pos Cash Collections
  • Tracking Health Parameters
  • Increased Claim Rate
  • Financial Monitoring

www.75health.com
8
THANK YOU
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