Strategies for An Exceptional Revenue Cycle

The health system revenue cycle is a multi-functional environment with a lot of nuance and many steps - it is no wonder things can become very complicated! There is room for error at every stage of the cycle.

The opportunity for error begins even before the patient walks into the waiting room and doesn’t end until after the claim gets paid and settled.  

When claims have missing pre-authorizations, missing or incorrect data, or incorrect codes, claims are denied, payment is delayed, and costs are increased. Due to the revenue cycle being the lifeline of any healthcare organization, it is easy to see why the most successful organizations have a strategic eye on their revenue cycle performance.