BC Advantage - 2017 Issue 11

Developing a Revenue Cycle Game Plan

The pace of change in healthcare is accelerating, and physician practices are facing new developments on all fronts. Every day, medical groups must deliver care, collect money, and pay the bills despite increasing costs, declining reimbursement, evolving regulations, and a steep rise in patient consumerism. At the same time, they need to learn about and plan for revolutionary shifts in how care is provided, reported, and paid for. Keeping up can be overwhelming to say the least. To weather this storm of change-and even thrive within it-physician practice leaders must engage in strategic planning, which will allow them...

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