Improve Patient Check-In by Measuring These Metrics
From the minute a patient checks in to when they leave your practice, countless factors impact patient experience. By identifying ways to increase efficiency and improve your delivery of care, you can continuously grow your practice and enhance your operations.
Measuring and taking advantage of performance metrics and practice KPIs is an excellent way to discover trends and set meaningful, measurable goals.
To track areas for improvement during patient check-in, we have identified some of the key metrics your practice should be measuring to improve performance and increase patient satisfaction.
Metrics and KPIs to Measure Your Practice Performance
Patient Wait Time
Patient wait time calculates the average time between patient check-in and a patient being seen by a doctor. This metric, which can be seen on the patient tracking status report, is a key indicator for patient satisfaction and capacity management.
Manual, traditional forms of patient check-in come with a host of challenges. It is time-consuming, the registration process is repetitive, and it results in patient frustration. According to a study conducted by Vitals, the highest-reviewed practices had an average wait-time of 13 minutes, while those with low star ratings averaged at 34 minutes.
By measuring your average patient wait times, your practice can work to identify whether this is an area that could be costing your staff valuable time and decreasing your overall patient satisfaction.
Patient check-in can be expedited by using Clearwave’s digital patient intake solutions such as Mobile Pre-Check, tablet or kiosk-based patient check-in.
You’ll also be able to monitor your patient check-in volumes and the average time it takes for patients to complete check-in.
Clearwave allows your practice to reduce check-in times by 85%. This will improve the doctor-patient relationship, and help your patients receive care faster.
Average Processing Time for Insurance Claims
This averages the time taken by a practice to process insurance claims. When this number is low, it is an indication that a practice receives payment quicker.
With Clearwave, you’ll be able to verify patients’ insurance eligibility without lifting a finger. Clearwave automatically checks a patient’s insurance eligibility 7 times before they ever see their doctor.
With the ability to process transactions in real-time, your practice can increase the number of collections while also reducing the rate of rejected claims. If there are any insurance eligibility issues, your staff is automatically alerted before Clearwave works to resolve any issues.
Claims Denial Rate
Knowing your practice’s claims denial rate offers insight into how effective your revenue cycle is. A practice with fewer denied claims spends less time on paperwork and dedicates more time to patient care.
Using Clearwave lets you keep a close eye on patient payments across your practice and reconcile them with ease. Also, you’ll have complete data audits, and be able to reduce rejected claims by up to 79 percent. Clearwave seamlessly connects with 95% coverage of insurance companies, meaning that almost every insurance provider is already covered.
Overall Patient Satisfaction
Overall patient satisfaction combines various factors to calculate patient satisfaction levels. A low number could show that there are issues with your services or operations.
Becoming patient-centric is essential for any practice. Think of it like this: Your patients want to be seen by their doctor as quickly as possible.
With Clearwave, patients are assured of faster check-ins using a reliable and secure platform. Checking-in doesn’t have to be a headache anymore when you use a platform that does all the hard work for your practice!
Customized Check-In Solutions
Managing a thriving practice means you need a keen eye to spot any existing loopholes, a carefully designed workflow, and timely and effective solutions. All this can be made possible by Clearwave.
Digital patient intake boosts the efficiency of your practice by freeing up more time for your front-office staff, allowing them to attend to more pressing matters and to pay more attention to your patients. It can also help you measure key metrics that impact your operations and patient satisfaction.
Ready to help your practice succeed? Schedule a quick 30-minute demo with Clearwave today!
Reading Time: 2 minutes Patient check-in can be the difference between a high patient attrition rate and loyal patients who even refer others to…