2 Ways to Help Improve a Medical Practice’s Revenue Cycle and Workflow

by | Nov 24, 2020 | Health

Have you recently been hired to manage a private medical practice’s administrative tasks? Have you found its former manager’s workflow to be inconsistent and disorganized? Are you also challenged to improve the practice’s revenue cycle? If you answered yes to any of these questions, then here are two ways to help you complete these tasks.

Digitize and Organize

One way to help you improve the practice’s revenue cycle and workflow is by digitizing all paper-based information to help you effectively organize the data. Organizing patient information will help improve the revenue cycle as it will help prevent errors from occurring during claim submission. By preventing errors, you will effectively free up resources as you will no longer have to worry about claim denials and rejections.

Software

Speaking of digitizing and organizing important data, another way to help you with your improvement tasks is to use state-of-the-art public health EHR software. This type of software will not only help you organize the data you have converted into digital form, but it will also help you ensure that the most accurate ICD, CPT, and HCPCS codes are used during claim submission. This software will also allow for quick retrieval of patient records to help you keep them current.

The Bottom Line

These are only to mention two ways to help you improve the private medical practice’s revenue cycle and workflow. Remember, convert paper-based information into digital form to help you effectively organize data. Use public health EHR software to quickly store and retrieve patient records and to ensure the appropriate claim submission codes are submitted to payors in order to avoid claim denials and rejections.

Recent Posts

Categories

Archive

Related Posts