CBO users can now leverage Corporate Level Revenue and RCM Insights Advanced Reporting dashboards. These interactive dashboards now allow users to explore data at both an aggregate level and a practice level, providing a comprehensive view of financial and operational performance. Viewing insights such as Claim Lag Time at an aggregate level allows CBOs to understand overall operational performance for each practice they bill for, rather than viewing data practice-by-practice.
RXNT’s Advanced Reporting feature is exclusively accessible to users with the advanced reporting license!
Corporate Billing
To access the corporate billing dashboard within your CBO login, navigate to the upper right corner and select the listed practice name.
Click the Billing icon.
Reports
On the Application Dashboard, click Reports.
Within the Advanced Reporting section, there are two featured reports: Revenue Insights and RCM Insights.
Revenue insights
The Revenue Insights dashboard provides a detailed breakdown and analysis of revenue-related data, including information on sources of revenue, billing trends, payment patterns, outstanding balances, and other key financial metrics that provide a comprehensive view of the revenue generated within a specific timeframe or across different categories. This dashboard provides CBO-level insights into revenue performance, empowering users to identify potential growth opportunities and make informed decisions to enhance revenue generation strategies.
Click Revenue Insights.
The dashboard features eight distinct tabs that provide various ways to view data. You can view charges based on Initial Billed Date, Service Date, Batch Date, or Encounter Created Date. On the other hand, payments can be viewed based on their Payment Date or Posted Date. Choose the tab that best suits your preferences and requirements to access the information you need.
By default, the dashboard displays information for all practices associated with the CBO. Users have the flexibility to filter the dashboard by specific parameters such as Practice, Rendering Provider, Places of Service, Billing Providers, Scheduling Providers, Financial Class Names, Payers, Referring Providers, Billing Event types, or a combination of these filters. This customization allows you to tailor the dashboard to your specific needs, providing a more focused and relevant view of the data. Click here to learn more about filtering Advanced Reports.
Click here to learn more about the Revenue Insights dashboard.
RCM insights
The RCM Insights dashboard provides a comprehensive overview of essential Revenue Cycle Management (RCM) key performance indicators (KPIs) and metrics, such as Average Days to Pay and Claim Lag Time. Viewing these insights from a CBO-level can assist in guiding strategic billing decisions throughout the billing lifecycle, empowering you to optimize revenue and enhance operational efficiency. With this information, you can make informed decisions to improve each practice’s financial performance and streamline operations.
Click RCM Insights.
The dashboard includes four (4) distinct tabs, offering the flexibility to explore data based on various encounter criteria. These criteria include the Initial Billed Date, Service Date, Batch Date, and Encounter Created Date, providing a comprehensive view of encounter-related information.
By default, the dashboard displays information for all practices associated with the CBO. To customize the view, you can filter the dashboard by various criteria, including Practice Name, Rendering Provider, Places of Service, Billing Providers, Scheduling Providers, Financial Class Names, Payer Names, and Referring Provider. You can also combine multiple filters to narrow down the results. Click here to learn more about filtering Advanced Reports.
Click here to learn more about the RCM Insights dashboard.
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