Becker's Healthcare May 20, 2024
Having a strong understanding of the revenue cycle management of a practice can be a big benefit for private practice physicians for a variety of reasons, according to a May 20 news release from the American Medical Association.
Here are five notes for physicians:
- An efficient revenue cycle allows practices to adapt to external forces more quickly as well as increase patient satisfaction.
- There are eight steps of revenue cycle management: Patient registration; Insurance verification;...