Speech Six Essential Elements to Physician Revenue Cycle

Six Essential Elements to Physician Revenue Cycle

The resurgence of hospitals acquiring physician practices is putting pressure on organizations to get deals done quickly. The challenge is to take the time to engage in thoughtful planning regarding practice operating standards so that the practice is successful once the deal is done. This presentation explores the six essential elements for a successful transition of physicians from independent practices to employment: capable management; an appropriate organizational model; consolidated practice management systems; transparency, standards, and controls; an appropriate coding and compliance model; and ICD-10 preparedness.