What Physicians Can Gain from A Revenue Cycle Assessment

What Physicians Can Gain from A Revenue Cycle Assessment

EqualizeRCM Blog
What Physicians Can Gain from EqualizeRCM's Complimentary Revenue Cycle Assessment? Learn more about a physician's perspective on the importance of a revenue cycle analysis. EqualizeRCM has performed complimentary revenue cycle assessments for several physician practices. These assessments have been valuable to our clients by identifying areas of improvement and efficiency for revenue cycle management. For underperforming groups, we have identified processes to increase collections. For better performing groups, we have been able to create efficiencies that reduce costs. Benefits of a Complimentary Revenue Cycle Assessment Review the key metrics such as Days in AR, % of AR over 90 days old, Collection Ratio, and Denial Rate. Compares your metrics to industry benchmarks. Analyzes key areas for improved performance and increased efficiency/cost savings. Requires submission of standard revenue cycle reports or…
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