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
Reducing Network Losses & Creating Financial Sustainability
Many hospitals are increasingly challenged by the financial performance of their employed physician networks. As these networks grow, the concern about financial performance moves to the forefront, with the losses becoming an increasingly visible drag on the system’s overall profitability.
Aultman Medical Group (AMG) Revenue Cycle Redesign Case Study
Summary Aultman Medical Group is a not-for-profit healthcare system that employs 140 providers across 19 specialties with locations that span six counties in Canton, Ohio. Challenge Aultman Medical Group sought to optimize its revenue cycle operations to help address internal structural factors impacting the organization financially. The leadership also was determined to standardize its processes […]
Effective Revenue Cycle Management in Your Network
Revenue Cycle Management for your physician network has become more complex. Bigger groups increase the scale and complexity of processes, Stagnant reimbursements make it imperative that your practices collect what they deserve, Electronic Health Records create potential glitches, Evolving local carrier determinations (LCD) creates challenges, Payer credentialing becomes higher risk as your network grows, and Compliance […]
