Make Your Revenue Cycle Pay You in Strides

05/09/2023 32 min Temporada 1 Episodio 2
Make Your Revenue Cycle Pay You in Strides

Listen "Make Your Revenue Cycle Pay You in Strides"

Episode Synopsis

There are numerous roadblocks that healthcare practices face at the front-end of the practice revenue cycle that can lead to profit leakage. No-shows, point-of-service collections and patient data entry errors are some of the most common front-end inputs that lead to challenges later.Brian Stone, Chief Strategy Officer and Co-Founder of Clearwave, covers how practice leaders can re-evaluate their approach in each of these areas to minimize profit leakage and create a scalable revenue cycle. The discussion covers healthcare revenue trends and statistics, an approach to estimating revenue and time loss and steps practice leaders can take to improve front-end revenue cycle inputs.