Speech Six Essential Elements for Physician Revenue Cycle Management

Six Essential Elements for Physician Revenue Cycle Management

When considering employing physicians and subsequently managing their billing, it is important to recognize that maintaining effective internal professional fee revenue cycle operations requires thoughtful planning. This presentation explores six critical elements needed to successfully transition physicians from independent practices to physician groups. The elements 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.