Which of the following is typically a metric used to assess revenue cycle performance?

The average time from patient discharge to claim submission is a critical metric in assessing revenue cycle performance because it directly relates to the efficiency of the billing process. A shorter time frame indicates that the healthcare organization is effectively managing the transition from patient care to revenue capture, which can improve cash flow and reduce the risk of delayed payments. Timeliness in claim submission is essential for ensuring that reimbursements are received promptly and that the organization maintains a healthy cash flow.

This metric can also highlight areas where improvements are needed in the revenue cycle, such as optimizing documentation practices, staff training, or leveraging technology to enhance billing processes. By monitoring this metric, organizations can identify trends, set benchmarks for improvement, and implement strategies aimed at reducing delays in claim submission, ultimately enhancing financial performance and operational efficiency.