RCM tip of the day: Regularly monitor key performance revenue indicators

With the implementation of the Medicare Access and CHIP Reauthorization Act of 2015, it is more important than ever for hospitals and health systems to monitor key performance revenue indicators on a regular basis.

Justin Barnes, partner and chief growth officer with iHealth Innovations: Every CEO, CFO should know where they are financially and run their practice as a business. It's not about seeing more patients, it's about being more efficient.

To learn more about the revenue cycle management transition to MACRA, access this story from Becker's Hospital Review.

If you would like to share your RCM best practices, please email Kelly Gooch at kgooch@beckershealthcare.com to be featured in the "RCM tip of the day" series.

 

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