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tci Part B Insider - 2016 Issue 19
Measure Your 'KPIs' to Track Your Progress
Not sure where you stand in terms of your ICD-10 progress at this point? CMS offers detailed advice on how to track the key performance indicators (KPIs) of your progress.
For example, using KPIs, you can evaluate your average claims acceptance/rejection rate. If you want to take that a step further, you can separate out the percentage of claims that your MAC paid in zero to 30 days, 31 to 60 days, 61 to 90 days, and so on.
Your practice may want to perform such KPI analyses now so that you can then perform another one every month...
To read the full article, sign in and subscribe to tci Part B Insider.
Keep pace with evolving Medicare regulations with timely analysis of critical updates interpreted in an easy-to-follow, easy-to-apply format. Your subscription to TCI’s Part B Insider will equip you to navigate code and guideline changes, CCI edits, and revisions to modifiers, the fee schedule, OIG target areas, and more.
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