Calculate how you can improve cash flow and reduce claim rework with our FPA Calculator! Our FPA Calculator will show you how our solution can advance your practice's financial goals!
*Industry averages for First Pass Acceptance rate are between 70%-85%.
*Increased payment amount is based on the claims getting paid in full once received by the payer.
Contact us today to learn how CollaborateMD can improve your cash flow!
The first pass acceptance rate (FPA) is the percentage of claims that pass the tens of thousands of clearinghouse edits at the first submission. Claims are passed on to the insurance payer immediately after, meaning that more claims have a higher chance of getting paid faster.
The national average for FPA rates is said to be only 70%. CollaborateMD's FPA rate is 99%, 29% higher than the national average. We reach a high FPA rate because we update our software and edits frequently to prevent errors upfront during data entry.