Crowe Revenue Cycle Analytics software monitors patient financial transactions from more than 1,800 hospitals and 200,000 physicians across the U.S. to help providers manage net revenue and monitor revenue cycle performance. The report uses six revenue cycle key performance indicators to assess payers’ claims-paying behaviors in three areas: speed of payment, total payment for services rendered and payment by a single payer.
Here are the 10 best and 10 worst states based on claims-paying performance by payers to providers, according to Crowe:
Top 10 states
1. Louisiana
2. Oregon
3. New Mexico
4. Pennsylvania
5. Indiana
6. Wisconsin
7. Iowa
8. Arizona
9. Illinois
10. Ohio
Bottom 10 states
1. South Carolina
2. Mississippi
3. Arkansas
4. North Carolina
5, Missouri
6. Kansas
7. Georgia
8. Kentucky
9. New Jersey
10. Idaho
Click here for more details on the report.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.