Best used to: Track trends in your insurance billing performance.
Designed for: Billers
Filters: Last 30 Days, Last 90 Days, Last 6 Months, Last 12 Months.
Drill Down: Includes the ability to drill down by each day within the period (month or week).
Details: The First Pass Resolution Rate calculates what percentage of claims are paid on the initial submission. This metric captures your overall efficiency through all clearinghouse and payer edits/rules. Aim for an FPRR of over 90% to maximize the efficiency of your revenue cycle!
Limitations:
Does not include resubmitted claims.