BC Advantage - 2017 Issue 4

Things to Look for When Choosing a Revenue Cycle Management Vendor/Partner

Revenue cycle management for any business can be complicated. Throw in the extra challenges that come from insurance providers, billing and coding processes, and uninsured care recipients-as well as a focus on health outcomes that is not always cost efficient-and managing your revenue cycle process can become a wholly tangled mess-one that you might not be able to manage on your own.In these cases, many practices have considered outsourcing some of their revenue cycle management processes in order to increase efficiency and improve their bottom line. However, that path can be very risky if practices make the wrong...

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