Speech Six Essential Elements for Physician Revenue Cycle Management

Six Essential Elements for Physician Revenue Cycle Management

The centralized or decentralized revenue cycle duties for physician practices are putting pressure on organizations. The challenge is to take the time to engage in thoughtful planning regarding practice operating standards and governance and to centralize or decentralize and remediate issues with reporting and benchmarking once the deal is done. This session provides a comprehensive overview of six essential elements of a well-run professional billing operation, which include capable management; an appropriate organizational model; consolidated practice management systems; transparency, standards, and controls; an appropriate coding and compliance model; and ICD-10 preparedness.