Defunct payment policies, denied claims, and unchallenged audits all blled revenue from practices. Here's what it means and how to stop it.
Frank Cohen, at MGMA 2011, explains three common ways physicians lose revenue. Instead of working harder, follow your own financial policies, work your denied claims, and challenge any auditors. That'll keep the revenue in the bank.
Health care’s 2025 revenue cycle imperative: Reduce administrative waste
January 22nd 2025Given that so much of the high costs associated with running a healthcare business remains outside of the organization’s control, financial leaders will have to consider how they can impact the one area that is in their control in 2025: reducing administrative waste.
Financial clearance, patient advocacy, and the effects of the pandemic on revenue cycle management
November 9th 2020Physician’s Practice® presents our conversation Dan Dooley, vice president of physician services at R1—a leading provider of technology--enabled revenue cycle management—about how the pandemic will change revenue cycle management, as well as how practices can achieve financial clearance and thereby further support their patients.
Practice Administration Stability and Key Determinants of Success
September 14th 2020Sachin Gupta, CEO of IKS Health, discusses how independent practices can remain administratively stable during the pandemic and after, as well as provides the key determinants of success for new and growing practices.