Physicians Practice: 2023 – The Year of the Healthcare Employee

January 30, 2023
Articles, RCM Effective Intelligence

Maintaining a healthy operational margin has never been more critical, and labor costs are a major factor. As labor deficiencies continue to plague the industry, the one key difference between this challenge and the rest is that providers can control it. While many employers are at a loss with all the chatter about “quiet quitting,” “the Great Resignation,” and “acting your wage,” the solution is simple. The way to combat this new workforce mentality is to recognize, reward and retain your top performers.

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Five questions to ask before replacing your RCM system – no form

In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s never denied can still take six touches and multiple people to get paid, why the industry’s own denial-touch benchmark is missed by a factor of three, and how one ambulatory surgery center management company cut denials 18% and labor dependence 30% by treating claims, denials, and cost as one connected problem.

Five questions to ask before replacing your RCM system

Why Cost Per Successful Payment Should Replace Denial Rate

Why “Cost Per Successful Payment” Should Replace “Denial Rate” – no form

A team can spend 40 hours resolving 200 claims, watch 180 of them pay, and still report a comfortable 8 percent denial rate. That number doesn’t tell you what it cost to get there.

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Five questions to ask before replacing your RCM system – no form

In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s

Five questions to ask before replacing your RCM system

In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s

Why Cost Per Successful Payment Should Replace Denial Rate

In this guide, we break down why denial rate stops being useful once a team is already hitting it and what to track instead. You’ll see how a claim that’s

Why “Cost Per Successful Payment” Should Replace “Denial Rate” – no form

A team can spend 40 hours resolving 200 claims, watch 180 of them pay, and still report a comfortable 8 percent denial rate. That number doesn’t tell you what it