Revenue cycle management is frequently a problem in employed networks, driven by inexperience handling physician billing and a failure to train employees in newly acquired practices. This is the root cause of significant network losses. HSG can provide onsite resources to improve performance. We have produced significant improvement in many organizations.
For more information on network revenue cycle optimization, call Davis Creech at (502) 814-1183.
RELATED THOUGHT LEADERSHIP
5 Common Physician Network Revenue Cycle Missteps
Physician network revenue cycle is usually lacking dedicated resources in its revenue cycle function. Here are 5 common missteps that clients make as they set up these large multispecialty networks.
Getting Paid For Virtual Patient Visit Interactions
On March 17th, CMS announced that it would expand reimbursement for telehealth interactions involving Medicare beneficiaries during the COVID-19 pandemic to offset revenue losses.
Aultman Medical Group (AMG) Revenue Cycle Redesign Case Study
Aultman Medical Group sought to optimize its revenue cycle operations. HSG’s assessment and implementation led to 3% revenue cycle lift or a $2.5 million cash improvement and a 20% decrease in A/R.
