Our Solutions

Our Comprehensive RCM Solutions

Comprehensive Revenue Cycle Management (RCM) solutions aim to address the various challenges and pain points faced by hospitals and healthcare providers in managing their financial processes effectively. Here are key components and features of a comprehensive RCM solution.

Our Performance Metrics

We follow - MGMA standards are a set of metrics used to determine the overall performance of medical practice in the United States. These metrics are actually the key indicators for practice performance success. The interpretation of these MGMA benchmarks is essential to assess the overall practice performance.

MGMA DataDive is an industry-wide data set that includes thousands of metrics that you can use to benchmark almost any area of your practice.

Departments Metrics Benchmarks
Billing Rejection % 2% - 3%
Charge Lag 2%
Rejection TAT 2 Days
Payments Collections % 100%
Denials % 4% of total charges billed in month
Payment posting TAT 2 Days
Departments Metrics Benchmarks
AR AR Pat % 3% of Total Outstanding AR
AR Ins 0-30 Days 40%
AR Ins 31-90 Days 20%
AR Ins 91-120 Days 15%
AR Ins 121-151 Days 10%
AR Ins 151-180 Days 8%
AR Ins 181-365 Days 5%
AR Ins 365+ Days 2%
Departments Metrics Benchmarks
Resolution % Resolution > 60 days 60%
Appeal % 16% of 90+ AR
Clean Claim % 80% of total charges billed for the month
Correspondence 5 Days from the date of receipt
Call Center ASA 5 - 10 min
Abandoned % 3%
Departments Metrics Benchmarks
Credit Balance CB % 0.50% of total outstanding AR
CB $ Pat 10%
Refunds $ 0%
CB 0-60 days 80%
CB 61-90 days 10%
CB 90+ days 5%
Departments Metrics Benchmarks
Overall GCR % 40%
NCR % 87%
DSO 30 days