In this episode, we are joined by Matt Seefeld, Exec. Vice President at MedEvolve to discuss five trends that will impact how medical practice executives manage their businesses going forward.
What are “wasted touches” in the revenue cycle & how do we prevent them?
Healthcare organizations are already facing razor thin margins, and administrative waste could be the linchpin for future sustainability. Billions of dollars are at stake. I’m always surprised when I talk to doctors and ask them if know how many touches, or people, it takes to get paid for services they provide, they rarely know the answer. It’s also concerning when administrators and executives over the revenue cycle functions don’t have this information.
