Net Patient Revenue (NPR) refers to the amount of money a healthcare facility earns from providing medical services to patients after accounting for any deductions, such as discounts, charity care, and bad debt. It is a key financial metric used to assess the operational efficiency and financial health of healthcare organizations. NPR is derived from:
These revenue streams are critical for funding daily operations and ensuring the delivery of quality healthcare services.
Net Patient Revenue is crucial for healthcare facilities because it directly impacts their financial sustainability and ability to invest in resources. A strong NPR allows hospitals and clinics to:
By understanding and optimizing NPR, healthcare organizations can improve their financial performance, leading to enhanced patient outcomes and the continued delivery of high-quality care.