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Finance-Supply-Expense-as-Percent-of-Net-Patient-Revenue.pdf
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🔗 Source: ahrmm.org
📊 Size: 303 KB
👤 Author: ccarruth
⬇️ Downloads: 39

Summary

The Supply Expense as Percent of Net Patient Revenue metric monitors the relationship between supply expense and net patient revenue. It is calculated by dividing Total Supply Expense by Net Patient Revenue. A lower value is favorable, indicating better performance. Changes in this metric may indicate shifts in supply cost, utilization, or patient and payor mix, and should trigger a root cause analysis and action plan. The metric includes all inpatient and outpatient revenue and all medical and non-medical supply expenses, but excludes deductibles, adjustments, and labor-related expenses.

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Description

The Supply Expense as Percent of Net Patient Revenue metric monitors the relationship between supply expense and net patient revenue.

Technical Information

  • File Format: PDF
  • File Size: 303 KB
  • Pages: 2
  • Language: EN
  • Author: ccarruth
  • Total Downloads: 39
  • Last Updated: 1 month ago

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