Question A

The Healthcare
Financial Management Association (HFMA) identified 10 key revenue cycle
performance measures. Choose three of the following performance
measures/benchmarks identified by the HFMA. Based on your readings,
indicate how improvement in the benchmark enhances revenue cycle
performance (for example, improved cash flow, improved turnaround on
billing, or increased collections). More than one benefit might be
applicable to each benchmark. Your post should demonstrate how
improvements in these metrics relate to the overall goals of the revenue
cycle.

  • Decreased days in accounts receivable
  • Coder productivity
  • Reduction of encounters that are Discharged, No Final Bill (DNFB)
  • Decrease in Wrong Medical Record Number Assignments
  • Decreased turnaround on discharge deficiency analysis (missing documentation)
  • Implementation of point-of-service collections
  • Decreased rejections or denials

use external sources to help you formulate your discussion post, be sure to include citations for those sources

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