3 critical eleme - Study guides, Class notes & Summaries

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CRCR Exam Unit 1 Correct 100%
  • CRCR Exam Unit 1 Correct 100%

  • Exam (elaborations) • 4 pages • 2023
  • Net Days in AR - ANSWERSMeasures how fast receivables are collected. It is a trending indicator of overall A/R performance & revenue cycle efficiency. A/R Aging - ANSWERSReports divide the AR into 30, 60, 90, and 120 day categories, based on discharge. Credit Balances - Days Outstanding - ANSWERSThe dollars in credit balance at the account level divided by the three month daily average of total net patient service revenue. Credit balances should be resolved timely and should be benchmarked...
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