Ask An Advisor: Examining KPIs to Improve the Rev Cycle
Download MP3We have an exciting new series to share with you--Ask an Advisor. In the community chat area, perhaps many of you have taken advantage of that feature and had your most pressing questions answered by MGMA subject matter experts. Today we're joined by MGMA Sr. Advisor, Cristy Good who shares her thoughts on the ask an advisor feature and provides insights on examining KPIs to improve the revenue cycle.
Sponsors:
MGMA Events:
Thanks to MGMA events for sponsoring this week's show. The Medical Practice Excellence: Financial and Operations Conference 2023 will be held in Orlando, FL, March 19-21. During our premiere spring event, attendees will gain key insights from both finance and operations and learn about topics that shape the future success of medical practice organizations. Go to mgma.com/mpe23 to learn more and to register today.
Humana:
The latest Value-Based Care Report from Humana outlines many interesting findings and highlights how some physician practices found creative paths to success. Check it out now at Humana.com/VBC. Humana is working closely with physician practices on their value-based journeys.
Resources:
Ask An Advisor: advisor@mgma.com
Practice Resources: https://mgma.com/practice-resources/financial-management/foundational-benchmarks-and-kpis-for-medical-pract
Auditing Toolkit: https://www.mgma.com/practice-resources/revenue-cycle/2023-medical-coding,-billing-and-auditing-toolkit
MGMA Membership: https://www.mgma.com/membership
Rev Cycle Certificate Program: https://www.mgma.com/certification/acmpe-certificates/certificates/certificate-program-revenue-cycle-management-on-de
Thanks again for listening to MGMA's podcasts. Take care and we'll see you again on Wednesday.
We have an exciting new series to share with you--Ask an Advisor. In the community chat area, perhaps many of you have taken advantage of that feature and had your most pressing questions answered by MGMA subject matter experts. Today we're joined by MGMA Sr. Advisor, Cristy Good who shares her thoughts on the ask an advisor feature and provides insights on examining KPIs to improve the revenue cycle.
Sponsors:
MGMA Events:
Thanks to MGMA events for sponsoring this week's show. The Medical Practice Excellence: Financial and Operations Conference 2023 will be held in Orlando, FL, March 19-21. During our premiere spring event, attendees will gain key insights from both finance and operations and learn about topics that shape the future success of medical practice organizations. Go to mgma.com/mpe23 to learn more and to register today.
Humana:
The latest Value-Based Care Report from Humana outlines many interesting findings and highlights how some physician practices found creative paths to success. Check it out now at Humana.com/VBC. Humana is working closely with physician practices on their value-based journeys.
Resources:
Ask An Advisor: advisor@mgma.com
Practice Resources: https://mgma.com/practice-resources/financial-management/foundational-benchmarks-and-kpis-for-medical-pract
Auditing Toolkit: https://www.mgma.com/practice-resources/revenue-cycle/2023-medical-coding,-billing-and-auditing-toolkit
MGMA Membership: https://www.mgma.com/membership
Rev Cycle Certificate Program: https://www.mgma.com/certification/acmpe-certificates/certificates/certificate-program-revenue-cycle-management-on-de
Thanks again for listening to MGMA's podcasts. Take care and we'll see you again on Wednesday.
CareCredit
Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
