Meetings with individual staff can be a valuable tool to better RCM performance. When you meet, compile all notes and organize them into categories. These can include system issues, insurance issues and employee issues. Review patterns observed and implement a plan with the staff member to resolve them. Communicating resolutions supports the staff’s efforts and gives opportunity to continually

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Action logs can help providers improve efficiency in resolving revenue cycle issues. One way is to eliminate meeting agendas and minutes. Rather, prepare an action log. This will keep meetings on topic and allow time to follow-up on meeting tasks. They also make the meeting focus more on resolving current issues to enhance

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Revenue management is a critical part of every medical practice. Declining reimbursement, shifts to value based care and stringent quality standards and denial of claims are some challenges in private practice. With the given challenges, it is all the more important for private medical practices to focus on patient collections and intelligent revenue cycle management...

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