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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...
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