Don’t miss Baker Tilly’s Jeffrey Strauss as he shares best practices for effective revenue cycle management on Fri., Sept. 30 at 10:40 a.m.
Revenue Cycle Best Practices
As more patient revenue is generated from high volume outpatient services, it is important for hospitals to address and resolve problem areas on the front-end of the revenue cycle that cause problems downstream. Effective revenue cycle management begins long before claims are coded. For example, front-end problems, such as registration errors or incorrect data entry, are a major cause of payer denials; some studies estimate 30 to 40 percent. Reworking claims is very costly on time and resources and can have a profound impact on a hospital's bottom line.
Baker Tilly’s Jeffrey Strauss will discuss how hospitals can improve operational efficiency and save cash by reviewing claims management processes. This fast-paced presentation shows how departments are inter-linked and will cover best practices throughout the outpatient revenue cycle process.