Revenue cycle management (RCM) is a complex and dynamic process, constantly being impacted by outside factors from the cost of healthcare to patient retention to matters of staffing. Due to its complexity, study results show physicians spend an average of 15.5 hours a week on paperwork and administrative work alone. While efficient RCM is vital to the success of a practice, staff report frustrations with administrative tasks and claim that it takes time away from patient care.
Fortunately, there are ways to offset these issues to build a strong and successful revenue cycle. With the right education and tools at your fingertips, you can transform these operations for staff and patients alike. In this session, our speaker will explain just how to do that by taking a closer look at what challenges are causing RCM operations to break down and what practice leaders can do to reverse the effects.
Learning Objectives:
Review current challenges impacting RCM
Discuss the benefits of prioritizing RCM for your business, staff and patients
Provide insight on the tools you can leverage today, and in the future, to improve operations