How to measure RCM performance?
RCM performance is measured using various metrics, including:
Days in accounts receivable (DAR): Based on the average collection time from payers and patients.
Claim acceptance rate: The percentage of claims that payers accept without errors or rejections.
Denial rate: The percentage of claims denied by payers.
Net Collection rate: The percentage of the total billed amount collected from payers and patients.
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