HealthLeaders Media July 8, 2019
Many of the obstacles in revenue cycle are within healthcare leaders’ power to dismantle.
KEY TAKEAWAYS
‘Translate’ revenue cycle functions for clinicians to help them understand their role in the organization’s financial health.
Standardize open, clear, and ongoing communications with payers.
Equip revenue cycle employees with more training and reward them for their specialized knowledge and skill.
Many elements of insurance, coding, billing, and other revenue cycle processes remain a mystery not only to patients, but to clinicians and others within the healthcare continuum. Because of this enigma, it sometimes seems within the organization as though the revenue cycle exists and operates in a vacuum, separate from the rest of...
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