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The 21 Components of the Physician Revenue Cycle
Physician revenue cycle seems simple; however, every patient visit has at least 21 critical components that require daily monitoring to keep cash flowing: Pre-visit/patient calls for appointment Entering the patient in the EMR Check-in Visit documentation Potential charges recorded on super bill Visit coded Check out and co-pay collection Posting the charge Preparing the day’s…
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Performing a Practice Assessment
Common to most operational turnarounds, interim management engagements or employed network management contracts, is the need to perform a rigorous Practice Assessment. At Healthcare Strategy Group, we use a four-pronged approach to diagnosing your employed group’s issues before we prescribe the cure: Interviews with a broad base of physicians to ensure we receive perspectives from all…
