Ms. Dwyer shared the following tip with Becker’s Hospital Review.
“Predictive analytics and algorithms that leverage data from disparate sources take a tremendous burden off staff and identify opportunities to protect revenue in real time — from the medical necessity of patient cases, to changes in patient status, to which claims are at the greatest risk for denial — all while keeping compliance at the highest possible level.
“Data should be thought of as an asset and a tool, rather than a burden and a constraint. Let your data work for your staff.”
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.
More articles on finance:
Miami hospital files for bankruptcy: 4 things to know
Wisconsin hospital at risk of losing Medicare contract over injuries to babies
Geisinger to cover lifetime hip surgery costs for Geisinger Health Plan member
%MCEPASTEBIN%
