These six effective strategies to streamline revenue cycles, reduce accounts-receivable days and enhance efficiency in independent medical practices.
By most estimates, every dollar that comes into an independent medical practice takes 60 to 90 days to move from patient encounter to deposit. The chief culprit is the back-and-forth with commercial and Medicare Advantage plans that question codes, deny claims or slow-walk contract renewals. No single tactic erases the friction, but layering the six strategies below can shorten accounts-receivable days, raise fee schedules and reclaim staff time.
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