21% increase IN MONTHLY CASH COLLECTED IN PAYMENTS PER wRVU 16% increase 28.5% decrease IN TOTAL ACCOUNTS RECEIVABLE 35% decrease IN AVERAGE DAYS IN ACCOUNTS RECEIVABLE HEALTHCARE AUTOMATION AND OPERATIONAL IMPROVEMENT DRIVE SUSTAINABLE RESULTS THE RESULTS THE CHALLENGE Physician practices must improve organizational efficiency to compete in this era of reduced reimbursement and escalating administrative costs. While there are numerous routes to preserve operating margins, partnering for non-core capabilities may make sense. Specifically, organizations can find that partnering with a revenue cycle outsourcing firm can improve financial performance and reduce the administrative complexities of regulatory compliance and IT upgrades. The Steadman Clinic is one practice

Join for free to read