John Hansel, Vice President of Healthcare Provider Solutions, MedeAnalytics: Generating claims that accurately reflect the acuity of services is the first step in ensuring financial viability. Benchmarking identifies documentation variances and pinpoints potential missed revenue. You can also identify which physicians and coders will be most affected by which codes and prioritize coding and documentation specificity for only those areas, departments and specialties.
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:
Mastering the healthcare revenue cycle: 6 expert insights
Patient satisfaction and the revenue cycle: Improving the billing process to generate ‘net promoters’ for your organization
RCM tip of the day: Customize the physician workflow
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.