{"id":6934,"date":"2021-10-11T12:35:53","date_gmt":"2021-10-11T12:35:53","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/kpi-dashboard-in-excel-operations-management-homework-help\/"},"modified":"2021-10-11T12:35:53","modified_gmt":"2021-10-11T12:35:53","slug":"kpi-dashboard-in-excel-operations-management-homework-help","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/kpi-dashboard-in-excel-operations-management-homework-help\/","title":{"rendered":"Kpi dashboard in excel | Operations Management homework help"},"content":{"rendered":"<div>\n<p>A running dashboard that will be updated monthly with new data.\u00a0<\/p>\n<p>KPI for medical billing<\/p>\n<p>\u00a0\u00a0Net Collection Rate (Internal Benchmark &gt;97%-Industry \u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Benchmark &gt;95%)(Payments- Credits)\/(Charges-contractual adjustments)X100<\/p>\n<ul>\n<li>Days in AR (Internal Benchmark &lt; 40 days-Industry \u00a0\u00a0\u00a0\u00a0\u00a0Benchmark &lt; 45 Days)\n<ul>\n<li>Divide Total AR by Average Daily Charges<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>AR % over 120 days (Internal Benchmark &lt;20% of Total \u00a0\u00a0\u00a0\u00a0\u00a0AR-Industry Benchmark &lt;25% of Total AR)\n<ul>\n<li>Divide Total AR by AR over 120 days<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Net AR ( Internal Benchmark &lt;10% of annual \u00a0\u00a0\u00a0\u00a0\u00a0charges-Industry Benchmark &lt;10% of annual charges)\n<ul>\n<li>6 Month Avg Charges-Payments-Adjustments=Net AR<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>Clean Claim Rate (Internal Benchmark Under 2%-Industry \u00a0\u00a0\u00a0\u00a0\u00a0Benchmark 5%) \u00a0<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A running dashboard that will be updated monthly with new data.\u00a0 KPI for medical billing \u00a0\u00a0Net Collection Rate (Internal Benchmark &gt;97%-Industry \u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Benchmark &gt;95%)(Payments- Credits)\/(Charges-contractual adjustments)X100 Days in AR (Internal Benchmark &lt; 40 days-Industry \u00a0\u00a0\u00a0\u00a0\u00a0Benchmark &lt; 45 Days) Divide Total AR by Average Daily Charges AR % over 120 days (Internal Benchmark &lt;20% of Total [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-6934","post","type-post","status-publish","format-standard","hentry","category-homework-help"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/6934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=6934"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/6934\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=6934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=6934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=6934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}