Revenue cycle metrics · Definition
Revenue leakage: Definition
Earned revenue that never reaches the bank because of coding, documentation, follow-up or contract failures.
This is a short definition only. The full explanation lives on the cost of dermatology billing errors, which is the page to read if you are dealing with this on live claims.
Definition
It accumulates from unappealed denials, under-leveled visits, uncaptured charges, underpaid claims that were never audited against contract, and patient balances abandoned after one statement.
For worked examples, payer rules and documentation requirements, read the cost of dermatology billing errors. Return to the dermatology billing glossary.
See this term in your own numbers
A free claims audit reviews a de-identified sample of your dermatology claims and returns a line-item findings report.