The number one mistake that private practices make is not having a solid medical billing process. Medical billing is the aorta of your practice and you must get it right if you are billing insurance. We will review the top 5 billing metrics you must be following, benchmarks, and then how to set key performance indicators (KPIs) for those metrics. It’s okay not to know but it’s not okay to ignore these.
The Top 5 Medical Billing Metrics are:
– Definitions
– Benchmarks
– How to calculate
– How to set KPIs around each
Monitoring these metrics every month helps your practice not only survive but thrive.