It’s the season for year-end lists – – this time, a look at revenue cycle tips for 2016 from ten healthcare experts via Becker’s Hospital Review.
A few key takeaways include:
- Don’t lose revenue due to the shift in ACA price points.
- Analytics, analytics, analytics are needed to drive an optimized collection! And don’t forget…analyze your denials and your entire RCM process! This will help us all work smarter!
- Will outsourced billing see a spike in 2017?
- Embed effective documentation processes into your patient admission processes.
OrboGraph believes analytics in denied claims is one of the most underutilized areas in the market today. It’s a good example of how an organization can prioritize work and uncover trends which are not easily visible in day-to-day processes. The results: reduce staffing and drive up collection!