Where does your revenue come from? How effective are the resources in managing your revenue cycle? Is money left on the table? Is your practice good or great? To lead your practice to profitability, you must implement a proactive approach to the revenue cycle. By understanding your revenue trends and related data, you can effectively measure the health of your practice, monitor compliance, accurately forecast, and create the culture shift necessary to elevate your practice to greatness. Front-loading the process will help ensure cleaner claims, reduced denials, and boosted collections, but improved financials aren’t the only benefits; when practices set proper expectations with staff and patients, implement enhanced verification processes, monitor the data, and optimize technology and workflows, significant patient and staff satisfaction and loyalty will follow. Join this session to learn strategic steps to lead your practice to profitability.
Learning Objectives:
Manage data effectively to analyze KPI trends targeting areas for focused process improvement
Produce a proactive workflow promoting cleaner claims, higher revenue, and fewer denials
Utilize your RCM staff most efficiently and cost-effectively
