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Medical Billing Software Tracks Revenue Cycle & KPIs

Medical Billing Software refers to the entire chain of clinical operations from scheduling an appointment to receiving reimbursements. KPIs show the essential data and make decisions based on its data.

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Medical Billing Software Tracks Revenue Cycle & KPIs

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  1. Medical Billing Software Tracks Revenue Cycle & KPIs www.75health.com

  2. Today’s Topic: • Introduction • Medical Billing Software Tracks Revenue Cycle & KPIs • Key Benefits • Contact Us www.75health.com

  3. Introduction www.75health.com

  4. Medical Billing Software refers to the entire chain of clinical operations from scheduling an appointment to receiving reimbursements. KPIs show the essential data and make decisions based on its data. Keywords: Medical Billing Software, 75Health, Web-Based Medical Billing Software www.75health.com

  5. Medical Billing Software Tracks Revenue Cycle & KPIs • The cash must be collected from the time of admission or during service or after seven days of post-discharge. Also, it includes self-pays and co-pays. T • The software measures the POS cash collections to find the efficiency of your systems or staff accounting skills. When something is not up to the mark then it immediately identifies and troubleshoots it. www.75health.com

  6. If the dashboard of Medical Billing Software shows the denial rate between 5% - 10%, then it is acceptable. Above 10% is high risk and below 5% is healthy financial flow. • The claim rate is the percentage of reimbursed claims upon the first submission. When the claim is rejected, the software shows the common pattern in rejected claims to rectify the future bills. • Running a hospital is important as financially maintaining the bills and documents for a perfect claim. Medical Billing Software is a data-driven process to find a way to improve your revenue collections. www.75health.com

  7. Key Features • Revenue Cycle & Kpis • Pos Cash Collections • Tracking Health Parameters • Increased Claim Rate • Financial Monitoring www.75health.com

  8. THANK YOU

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