Internal Auditing of the Revenue Cycle
On a daily basis, healthcare organizations are monitored by a number of national agencies tasked with billing compliance enforcement. A detailed internal audit can proactively anticipate and identify issues that drive better processes and lead to increased cash flow for your organization. This session provides insight and direction on deriving benefits from an audit.
Financial Benefits of Benchmarking
Financial metrics are lagging indicators that provide a retrospective view of what has already happened in an organization. However, the financial health of an organization is routinely evaluated based upon its performance relative to established and accepted financial benchmarks. Operational benchmarks provide forward-thinking points of reference that empower executives to more effectively drive financial performance. Explore how industry-specific benchmarks are the more accurate the overall assessment.
Choosing an Outsource Partner for Revenue Cycle Management
The economics of physician reimbursement are driving all types of healthcare organizations to look at more profitable and compliant methods to support their daily billing rigor. Outsourcing is becoming a more widely accepted option, but many organizations are unfamiliar with outsourced billing solutions. This session provides a roadmap to evaluate the need to outsource and offers guidance on choosing and evaluating potential partners.
System Selection: What is Your Role?
Whether you are a physician, practice manager, financial executive, chief medical officer everyone has a role in the system selection specific to revenue cycle management. New technology has the potential to significantly impact many areas of business, among them processes, human resource requirements and potentially an organization’s overall cost structure. This session provides the tools to drive discussions within the organization or physician practice that reveal the complete cost picture – before new systems are purchased.
Revenue Cycle Economics Boot Camp
Increasing profit and efficiency in the revenue cycle is on the list of every revenue cycle manager and financial executive. This interactive session will deliver the necessary insight, methodology and tools for implementing a successful revenue cycle strategy.
Practice Assessment: What's Next
Often times the role of an organization’s or physician practice’s staff is underestimated in driving cash flow and collections. Participants will explore why and how practice assessments provide insight into each organization’s and practice’s true revenue potential.
Tools of Financial Health
Driving results to the revenue cycle utilizing the appropriate tools is instrumental to improving financial performance and compliance. This interactive workshop provides tips that significantly impact the revenue cycle, as well as reviewing benchmark standards and case studies with solutions to streamline the billing process.
The Impact of Organizational Development in Revenue Cycle Management
An organization’s ability to achieve its financial objectives is dependent upon its overall health. Organizational development represents the people and process sides of the familiar People, Process and Technology Triad – all critical components of driving overall results. Explore how these factors impact profits.