5 Best Practices of Revenue Cycle Analytics and Denials Management
Posted on March 25, 2022
Today, medical groups and hospitals are keenly focused on managing costs and maximizing cash flow. A healthy, solid revenue cycle underpins this objective. This session will present five best practices to leverage analytics for revenue cycle improvements, including tactics to manage denials effectively. Additionally, the value of visual analytics technology in identifying recurring registration, coding and billing errors, underpayments, and payer rejection patterns will be examined.
Topics include:
- The importance of a robust denials management process in a fee-for-service and value-based environment
- Focused visual dashboards with key performance indicators that inform financial opportunities
- The value of analytics in uncovering lost revenue and identifying performance improvement opportunities
Originally presented on March 23, 2022 by industry experts: Daniel J. Marino, Managing Partner at Lumina Health Partners, and Russell Hendrickson, CEO of Practical Data Solutions.
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