HealthLeaders Media March 30, 2021
Instead of always working on “high effort, high impact” projects, revenue cycle leaders should also focus on “low effort, high impact” projects that deliver quick wins.
There are big-picture, high-impact projects on every revenue cycle leader’s wish list, from implementing a new charity policy to installing a new claim system.
While these projects are important and necessary, they often take months or years to implement and require approvals from multiple outside departments, IT capital, and other resources.
Instead of always working on these “high effort, high impact” projects, Patrick McDermott, a strategic advisor for revenue cycle management, encourages revenue cycle leaders to also focus on “low effort, high impact” projects that use what he calls a “no-huddle offense” strategy.
McDermott...