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5 pieces of revenue cycle management advice for physician practices

from Becker's CFO Report

As reimbursement models become more focused on patient outcomes rather than volume, it is even more critical physician practices manage revenue cycle management efficiently to protect earnings. To do this, practices need to keep an eye on a number of trends driving RCM, according to Ken Bradley, vice president of strategic planning and regulatory compliance at Navicure, a Duluth, Georgia-based claims clearinghouse and RCM vendor. These trends include technology innovations and updates, consumerism, process improvements, the shift to value-based care and data analytics. more

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