MedCity News December 21, 2021
To help revenue cycle leaders shortcut reporting efforts and ultimately collect more dollars, the following are five questions they should ask about their account receivables worklists to identify opportunities for performance improvement.
Healthcare providers develop scorecards and churn out voluminous reporting on accounts receivable (AR), but too often fail to provide actionable conclusions. Such omission produces strong headwinds against implementing performance improvement and can stall efforts to reduce aged balances.
To help revenue cycle leaders shortcut reporting efforts and ultimately collect more dollars, the following are five questions they should ask about their AR worklists to identify opportunities for performance improvement.
1. Do my worklists accurately reflect the risk on my accounts?
Worklists typically use age, balance, payer, and sometimes...
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