Don’t shy away from transparency
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Use analytics to improve revenue cycle
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Don’t forget about the front-end
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Monitor your contracts
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Optimize scheduling
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Prepare for the impact of ICD-10
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Understand how labor costs affect revenue cycle
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Customization is key
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Embrace industry benchmarking
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Buckle down on the collections process
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If you would like to share your RCM best practices, please email Carrie Pallardy at cpallardy@beckershealthcare.com to be featured in the “RCM tip of the day” series.
More articles on finance issues:
Conifer Q2 revenue up 19%, MedAsset’s RCM segment revenue up 3.7% & more – 5 RCM company key notes
5 recent hospital bankruptcies
CMS delays enforcement of ‘two-midnight’ rule again
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
