From the average age of accounts receivable (AR) to your cash collections as a percentage of net revenue, you know that keeping tabs on these areas of your billing processes is the key to remaining profitable. So, what’s next?
Answer: The work. Your revenue cycle KPIs are only as good as the data you collect to determine them. With inadequate or confusing information, your center could make decisions based on misleading statistics. But you can effectively track KPIs by making sure your stats follow the four “Cs.”
To read about the four Cs, click here.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
