Overview

In this article, we will review assessed vs billed care.

Assessed vs Billed Care

The Assessed vs Billed Care sheet aids in identifying and quantifying billing discrepancies, offering a potential avenue for recovering lost revenue.

• The KPIs on the top left show the number and percentage of residents with variances, along with the average age of these variances. A complementary bar chart breaks down the number of residents with variances by community.
• The next section to the right provides insight into the average dollar variance per resident, with a bar chart showcasing total assessed and billed rates at a community level.
• The sheet concludes with an assessment of potential revenue recovery, indicated by the ROI of Reconciliation KPI and Active Variance Revenue Loss indicators. It highlights communities where rectifying discrepancies could have a significant impact.

Layout Tips

• Use the axis toggle in the left-most chart to switch between measuring the number of residents with variances and the average variance age.
• When selecting a community, all charts will drill down to the resident-level. In the left-most chart, the variance age will be shown.

Questions to Get Started

Which community has the highest number of residents with variances?

• Refer to the bar chart on the left side of the sheet to determine this. The community displayed at the top has the most residents with variances.

Which community stands to benefit most from reconciling assessed versus billed care?

• Consult the ROI of Reconciliation bar chart towards the right side of the dashboard. The community listed at the top could gain the most revenue from resolving discrepancies.