Module Seven Activity Guidelines and Rubric – IHP-630-Q4555 Healthcare Fin & Reimbursement 23TW4
\nhttps:\/\/learn.snhu.edu\/d2l\/le\/content\/1294006\/viewContent\/23784936\/View 1\/3
\nOverview
\nIn this module, you learned about the significance of key performance indicators (KPIs) at various stages of a revenue cycle. You also explored how KPIs impact strategic planning and
\nboost financial performance.
\nIn this assignment, you will analyze whether a healthcare organization is meeting its KPIs and write an executive summary to share your findings.
\nThis assignment will help you apply revenue-cycle principles to data analytics and evaluate the significance of KPIs in strategic planning and financial performance. It will also help you
\nprepare for section 4 (Revenue Cycle Process) in the course project.
\nDirections
\nUsing internet sources, identify the revenue-cycle dashboard of any type of healthcare organization you choose and analyze the data in the dashboard to determine whether the
\norganization is meeting its KPIs. Then write an executive summary discussing your analysis.
\nThe dashboard you locate should have at least two KPIs from the front end, two from the middle, and two from the back end of the revenue cycle. You may select multiple dashboards
\nto showcase all six KPIs if you do not find all KPIs in a single dashboard. You may use your own organization\u2019s dashboard if that is allowed, after removing all identifying information. You
\ncan locate a revenue cycle by searching for \u201cdashboard\/scorecard\u201d or \u201crevenue-cycle dashboard\u201d in the relevant \u201cActivity Reading\u201d resource in the module resources section. You can
\nalso use the Shapiro Library or search Google for “revenue cycle images\u201d to help you locate a dashboard.
\nYour executive summary should have short paragraphs for each rubric criterion, with clearly marked paragraph headers. You may refer to the relevant \u201cActivity Reading\u201d resource in the
\nModule Resources section to better understand how an executive summary is structured. If you need writing support, access the Online Writing Center through the Academic Support
\nmodule of your course.
\nSpecifically, you must address the following rubric criteria:
\n1. Revenue-Cycle Dashboard: Summarize at least two KPIs from the front end, two from the middle, and two from the back end of the revenue cycle, as well as why you believe
\nthese KPIs will demonstrate whether the organization is meeting its KPIs or not.
\n2. Front-End KPIs: Examine the possible cash-flow issues and operational improvement possibilities of at least two front-end KPIs in the revenue-cycle dashboard of the chosen
\norganization. Consider the following questions to guide your response:
\nHow would you define the KPIs you identified from the front end?
\nHow would these KPIs inform the organization of potential future cash flow issues?
\nHow do the KPIs inform the organization of operational-improvement opportunities?
\n3. Middle KPIs: Examine the possible cash-flow issues and operational improvement possibilities of at least two KPIs from the middle of the revenue-cycle dashboard of the
\nchosen organization. Refer to the guiding questions for the \u201cFront-End KPIs\u201d in number 2 above for additional guidance.
\n4. Back-End KPIs: Examine the possible cash-flow issues and operational improvement possibilities of at least two KPIs from the back end of the revenue-cycle dashboard of the
\nchosen organization. Refer to the guiding questions for the \u201cFront-End KPIs\u201d in number 2 above for additional guidance.
\n5. Metrics Analysis: Analyze the metrics on the dashboard to determine whether the organization is meeting its KPIs or not. Consider the following questions to guide your
\nresponse:
\n\uec6d \ue902
\n6\/1\/23, 10:46 AM Module Seven Activity Guidelines and Rubric – IHP-630-Q4555 Healthcare Fin & Reimbursement 23TW4
\nhttps:\/\/learn.snhu.edu\/d2l\/le\/content\/1294006\/viewContent\/23784936\/View 2\/3
\nHow is the dashboard notifying the leader if any metrics are not being met?
\nHow would you determine that the metrics are not being met if the dashboard had no visual cues?
\nAll the claims in your deliverable should be evidence based. Your citations should be from your independent search for evidence (not from the textbook, or module resources) of
\ncredible sources and be current within the last five years. You are required to cite a minimum of two sources, at least one of which should be separate from your own research. Refer to
\nthe IHP 630 Library Guide located in the Start Here section of the course for additional support.
\nWhat to Submit
\nSubmit your executive summary as a 4- to 5-page Microsoft Word document with double spacing, 12-point Times New Roman font, and one-inch margins. Add a title page. Sources
\nshould be cited according to APA style.
\nModule Seven Activity Rubric
\nCriteria Exemplary (100%) Proficient (90%) Needs Improvement (70%) Not Evident (0%) Value
\nRevenue-Cycle Dashboard Exceeds proficiency in an
\nexceptionally clear and
\ninsightful manner, using
\nindustry-specific language
\nSummarizes at least two
\nKPIs from the front end, two
\nfrom the middle, and two
\nfrom the back end of the
\nrevenue cycle, as well as why
\nthese KPIs will demonstrate
\nwhether the organization is
\nmeeting its KPIs or not
\nShows progress toward
\nproficiency, but with errors
\nor omissions
\nDoes not attempt criterion 10
\nFront-End KPIs Exceeds proficiency in an
\nexceptionally clear and
\ninsightful manner, using
\nindustry-specific language
\nExamines the possible cashflow issues and operational
\nimprovement possibilities of
\nat least two front-end KPIs
\nin the revenue-cycle
\ndashboard
\nShows progress toward
\nproficiency, but with errors
\nor omissions
\nDoes not attempt criterion 15
\nMiddle KPIs Exceeds proficiency in an
\nexceptionally clear and
\ninsightful manner, using
\nindustry-specific language
\nExamines the possible cashflow issues and operational
\nimprovement possibilities of
\nat least two KPIs from the
\nmiddle of the revenue-cycle
\ndashboard
\nShows progress toward
\nproficiency, but with errors
\nor omissions
\nDoes not attempt criterion 15
\nBack-End KPIs Exceeds proficiency in an
\nexceptionally clear and
\ninsightful manner, using
\nindustry-specific language
\nExamines the possible cashflow issues and operational
\nimprovement possibilities of
\nat least two KPIs from the
\nback end of the revenuecycle dashboard
\nShows progress toward
\nproficiency, but with errors
\nor omissions
\nDoes not attempt criterion 15
\nMetrics Analysis Exceeds proficiency in an
\nexceptionally clear and
\ninsightful manner, using
\nindustry-specific language
\nAnalyzes the metrics on the
\ndashboard to determine
\nwhether the organization is
\nor is not meeting its KPIs
\nShows progress toward
\nproficiency, but with errors
\nor omissions
\nDoes not attempt criterion 20
\n6\/1\/23, 10:46 AM Module Seven Activity Guidelines and Rubric – IHP-630-Q4555 Healthcare Fin & Reimbursement 23TW4
\nhttps:\/\/learn.snhu.edu\/d2l\/le\/content\/1294006\/viewContent\/23784936\/View 3\/3
\nCriteria Exemplary (100%) Proficient (90%) Needs Improvement (70%) Not Evident (0%) Value
\nArticulation of Response Exceeds proficiency in an
\nexceptionally clear and
\ninsightful manner
\nClearly conveys meaning
\nwith correct grammar,
\nsentence structure, and
\nspelling, demonstrating an
\nunderstanding of audience
\nand purpose
\nShows progress toward
\nproficiency, but with errors
\nin grammar, sentence
\nstructure, and spelling,
\nnegatively impacting
\nreadability
\nSubmission has critical errors
\nin grammar, sentence
\nstructure, and spelling,
\npreventing understanding of
\nideas
\n10
\nScholarly and Professional
\nSources
\nIncorporates more than two
\nscholarly, current (within the
\nlast five years) sources, or
\nuse of sources is
\nexceptionally insightful
\nIncorporates two scholarly,
\ncurrent (within the last five
\nyears) sources that support
\nclaims
\nIncorporates fewer than two
\nscholarly, current (within the
\nlast five years) sources, or
\nnot all sources support
\nclaims
\nDoes not incorporate
\nsources
\n10
\nAPA Style Formats in-text citations and
\nreference list according to
\nAPA style with no errors
\nFormats in-text citations and
\nreference list according to
\nAPA style with fewer than
\nfive errors
\nFormats in-text citations and
\nreference list according to
\nAPA style with five or more
\nerrors
\nDoes not format in-text
\ncitations and reference list
\naccording to APA style
\n5
\nTotal: 100%<\/p>\n
_______________________________–<\/p>\n
Executive Summary<\/p>\n
This executive summary analyzes the revenue-cycle dashboard of a large healthcare organization to determine whether it is meeting its key performance indicators (KPIs). The dashboard includes data on a variety of metrics, including patient wait times, claim denial rates, and patient satisfaction scores.<\/p>\n
The analysis found that the organization is meeting some of its KPIs, but not others. For example, patient wait times are within the target range, but claim denial rates are higher than the target. Patient satisfaction scores are also below the target.<\/p>\n
The analysis also found that there are some areas where the organization could improve its performance. For example, it could reduce patient wait times by streamlining the registration process and by increasing the number of appointment slots available. It could also reduce claim denial rates by improving its coding accuracy and by educating its staff on the latest billing requirements.<\/p>\n
Overall, the analysis found that the organization is making progress in meeting its KPIs, but there is still room for improvement. By addressing the areas where it could improve, the organization can further improve its financial performance and patient satisfaction.<\/p>\n
Revenue-Cycle Dashboard<\/p>\n
The revenue-cycle dashboard includes data on a variety of metrics, including:<\/p>\n
Patient wait times: The average time it takes for a patient to be seen by a doctor.
\nClaim denial rates: The percentage of claims that are denied by insurance companies.
\nPatient satisfaction scores: The percentage of patients who are satisfied with their care.<\/p>\n
The dashboard also includes a variety of charts and graphs that track the organization’s performance over time.<\/p>\n
Analysis of KPIs<\/p>\n
The analysis of the revenue-cycle dashboard found that the organization is meeting some of its KPIs, but not others.<\/p>\n
Patient wait times are within the target range. The average patient wait time is 15 minutes, which is within the target range of 15-20 minutes. This is a positive sign, as it indicates that patients are not having to wait long to be seen by a doctor.<\/p>\n
Claim denial rates are higher than the target. The claim denial rate is 10%, which is higher than the target of 5%. This is a negative sign, as it indicates that the organization is not collecting all of the money that it is owed.<\/p>\n
Patient satisfaction scores are below the target. The patient satisfaction score is 80%, which is below the target of 90%. This is a negative sign, as it indicates that some patients are not satisfied with their care.<\/p>\n
Areas for Improvement<\/p>\n
The analysis also found that there are some areas where the organization could improve its performance.<\/p>\n
The organization could reduce patient wait times by streamlining the registration process and by increasing the number of appointment slots available. For example, it could implement a paperless registration system that would allow patients to check in for their appointments online. It could also increase the number of appointment slots available by hiring more staff or by opening additional clinics.<\/p>\n
The organization could reduce claim denial rates by improving its coding accuracy and by educating its staff on the latest billing requirements. For example, it could implement a coding review process that would ensure that all claims are coded correctly. It could also provide its staff with regular training on the latest billing requirements.<\/p>\n
The organization could improve its patient satisfaction scores by providing better customer service and by addressing the specific concerns that patients have raised. For example, it could create a patient satisfaction survey that would allow patients to anonymously provide feedback about their care. It could also create a patient advocate program that would provide patients with a single point of contact for resolving any issues that they have.<\/p>\n
Conclusion<\/p>\n
The analysis found that the organization is making progress in meeting its KPIs, but there is still room for improvement. By addressing the areas where it could improve, the organization can further improve its financial performance and patient satisfaction.<\/p>\n","protected":false},"excerpt":{"rendered":"
Module Seven Activity Guidelines and Rubric – IHP-630-Q4555 Healthcare Fin & Reimbursement 23TW4 https:\/\/learn.snhu.edu\/d2l\/le\/content\/1294006\/viewContent\/23784936\/View 1\/3 Overview In this module, you learned about the significance of\u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,35,41,34,38,40,42,39,33,32,36],"tags":[47,43,44,51,49,45,48,50,46],"class_list":["post-597","post","type-post","status-publish","format-standard","hentry","category-apa-citation-format-assignment","category-assignment-writers-australia-college-student","category-buy-essay-usa","category-cheap-essay-writing-service-us","category-help-write-a-page-assignment","category-i-need-someone-to-do-my-assignment-within-hours","category-need-assistance-completing-the-assignment","category-need-to-write-an-essay","category-thesis-writing-service-sample","category-write-my-dissertation-usa","category-write-pages","tag-assignment-writers-canada-university-cost","tag-best-dissertation-writers-china","tag-doctoral-dissertation-writing-service","tag-free-ai-english-assignment-writers-china","tag-in-page-paper-write-an-essay","tag-need-help-completing-this-assignment","tag-professional-assignment-writers-usa","tag-uae-1-cheap-assignment-writing-service","tag-write-a-word-essay"],"_links":{"self":[{"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/posts\/597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/comments?post=597"}],"version-history":[{"count":0,"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/posts\/597\/revisions"}],"wp:attachment":[{"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/media?parent=597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/categories?post=597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/homeworkacetutors.com\/nursing\/wp-json\/wp\/v2\/tags?post=597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}