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Dashboard monitoring examples:
A majority of payers enforce Tracking billing edits, errors, Ordering locations sorted high
aggressive, timely filings rejections, and denials provide to low identifies where your
(60, 90, 120 days). you a sense of how clean your business volume is coming from
Tracking insurance claims registrations process is and how (ordered tests) and how much
successfully before the efficient your billing workflow is effort (edit/error processing) is
timeline expires is critical compared to industry best required to maintain a particular
to prevent denials. practice benchmarks. client business.
Reimbursement tracking sorted Daily CPCA reporting Lag time reporting averages
by test, payer, gross charges, monitors charges, payments, the time needed to generate
expected reimbursement, and and contractual adjustments. charges, bill the claim, post
actual reimbursement gives you You will be able to react to drops the payment using the date
the ability to monitor the correct in payments or celebrate of service as a starting point
payment amount or flag for an increase in charges, and and the final posted payment
underpayment based on the the capability of measuring as an ending point.
expected contractual amount. current month to month trends
or a six-month average.
Tracking the number of times End of month financial indicators Exception based tracking filters
an insurance claim is worked/ track multiple areas providing and reports only what you want
touched by different users. a snapshot of critical financial to monitor and measure.
targets on a month to month
performance.
Grouping your ordering physicians
by medical specialty positions
you to track what tests they are
ordering based on their specialty.
