Efficient and effective billing and revenue cycle management services have become a necessity. Profit margins are shrinking in the private sector due to reduced payor allowances, increased regulation, and payor red tape. Operating efficiently is more a matter of survival than it is good business sense.
At the same time, government payors and commercial insurance companies are increasing enforcement efforts through medical record and billing audits which can lead to significant financial penalties. Compliant documentation and billing are legally required. How can you ensure that your revenue cycle management and compliance are being handled appropriately?
Join Vicki Myckowiak for an intensely practical webinar on the best way to handle your RCM and billing compliance. Topics will include the pros/cons of using an outside billing company, reasonable billing and collection expectations, contracting with billing companies, and methods to ensure effective billing and compliance.
Webinar Objectives
Health care providers and facilities depend on billing and revenue cycle staff to ensure the financial viability of their medical practices. This webinar will walk providers through the decision-making process of who should do their billing, appropriate expectations for billing services, and the most important considerations for contracting with a billing company. Attendees will leave the webinar with practical information they can use when contemplating next steps for their compliant billing and effective revenue cycle management.
Webinar Highlights
- Merits of internal billing and RCM
- Merits of outsourcing billing and RCM
- Negotiation tactics for outsourced billing company
- Specific contract terms and pressure points
- Tactics to ensure compliant billing and collection
Who Should Attend
Physicians, practice administrators, hospitals and other types of facilities, billing companies
