Chief Healthcare Executive September 24, 2021
Most healthcare revenue cycle teams use productivity standards or quotas to meet goals, which requires insight into how long these tasks can take.
While 84% of healthcare revenue cycle teams use productivity standards or quotas to meet goals, healthcare leaders are often lacking insight into how long revenue cycle tasks can take. A new report from AKASA uses proprietary data as well as surveys to identify the average time it takes health system staff to complete critical tasks within revenue cycle operations.
The benchmarks included in the report, like financial clearance, billing, and denials, are some of the first for the revenue cycle industry and accurately forecast how to measure productivity for tasks within the focus areas. The survey gathered...
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