PCC has collected a wide array of pediatric resources for your general use. In our library, you will find articles and business resources, pediatric benchmarks, coding calculators, and sample forms, policies, and letters. Most of these resources are here thanks to the generosity of other clients in the PCC network. If you have a resource that you would like to share with others, please contact us.
Your FACF, or Frequency Adjusted Conversion Factor, is literally the average dollars you charge per RVU point you perform.
It serves as a great measurement of the relative "cost" of your practice. Is someone who charges only $10 for a physical but $150 for a standard sick visit an expensive or inexpensive practice (besides being silly)? With your FACF, you can make that determination across all of your procedures. Your FACF is also instrumental as a guideline for setting your practice fees.
One of the key clinical measurements of the success of a pediatric practice is the ratio of sick to well visits performed by the practice.
Revenue Per Visit is the number of dollars you deposit, on average, per patient visit.
If you have to choose one benchmark to focus on quickly, Revenue Per Visit is it. What can it do for you?
RVUs Per Visit is a measurement of the average number of RVUs performed per patient visit.
Like its bigger cousin, RVUs Per Visit , RVUs Per Procedure is a measurement of the average number of RVUs performed per procedure.
A/R Days is a measurement of your Accounts Receivable that allows you to compare results with practices of different sizes and productivity. Thoughtful calculations of the figure can also allow for seasonal fluctuations.
Your Gross Collection Rate is simply the percentage of money you collected on your charges (capitated charges excluded).
Many practices use it to gauge the "cents on a dollar" that they collect. A Gross Collection rate of 53%, for example, implies that the practice collects $.53 for every dollar it charges.
The Pediatric E&M Code Distribution Benchmark measures the volume of each of the established Sick Visit codes an entity performs over a period of time.
The Patient Mix benchmark measures the distribution of active patients in a practice by age and gender.