Best used to: Understand the efficiency of each stage of your practice’s revenue cycle.
Designed for: Administrators
Filters: Last 30 Days, Last 90 Days, Last 6 Months, Last 12 Months.
Details: Lag Time shows how long, on average, a charge will spend in each part of the revenue cycle: charge lag, insurance billing lag, and patient billing lag. Understanding charge lag is the key to understanding where to invest in efficiency within your practice. Aim for billing lag – the number of days between the date of service and billing insurance – of 1-3 days.
Drill Through: This report includes a direct connection to the Lag Time report.