With constant changes in healthcare and how much patients are responsible to pay for their care, practices should turn to technology for assistance.
Revenue Cycle Management
Some simple patient practices may help improve the bottom line
Practices must embrace change to survive the shift to value based care
Physicians should put policies in place to deal with increasing cash-pay patients
In a practice acquisition, don’t let billing practices fall through the cracks.
A good charge capture system can improve a practice’s bottom line.
A change in RCM technology can improve financial performance with these careful considerations.
For every billing error, there’s a potentially easy solution.
Healthcare can learn to streamline billing from payment processing tools used in other industries.
Before physicians buy a revenue cycle management system they should do more than listen to a vendor’s sales pitch.