He said this is because any miscalculations due to lack of defined goals can have negative financial effects, either immediately or in the future.
To avoid this pitfall, “schedule planning meetings well in advance of negotiations [with payers] to help stakeholders from different areas of the organization align on priorities and key issues,” said Mr. Wallace.
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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