Posts Tagged ‘DNFB’
DNFB in Healthcare: It’s a Marathon, Not a Sprint
While every hospital CFO is justifiably concerned about their DNFB, all departments should work together to develop a trending tool as a means of gaining perspective on the long term. Treat your DNFB as a marathon, not a sprint.
Read MoreHow to Improve the DNFB Benchmark for a Positive Impact on Revenue Cycle
One of the biggest revenue-killers for healthcare providers is DNFB accounts. DNFB (DNFB meaning “discharged, not final billed”) – defines unbilled accounts where the patient has been discharged from the healthcare facility, but the final bill from the encounter has not been submitted. The cost effects of outstanding DNFB accounts and claims denials are staggering, and can negatively impact the providers’ cash flow and potential net revenue. So, what are the best practices to reduce DNFB days and claims denials?
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