RCM tip of the day: Employ an integrated practice management system

Medical practices should implement an integrated practice management system to improve revenue cycle processes, advised Patrick DeAngelo, senior vice president and general manager of business services at Modernizing Medicine, a cloud-based EHR platform.

He said such a system helps clarify patient balances due and makes it easier for the front-office staff to collect payments from patients during check-in or check-out.

"By having a PM system fully integrated within the EHR system, physicians and medical practice owners can focus on what really matters — patient care and satisfaction. It can eliminate the worry and manual labor, and help unify clinical, financial and operational data and processes," said Mr. DeAngelo.

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 healthcare finance:

3 revenue cycle leaders on their hospital's biggest concern now that standard charges are public
Hawaii residents receive high ER bills amid hospital-contractor negotiations
Washington state hospital's finances spark concern in audit

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars