Every practice’s revenue cycle is the same. It starts when a patient sets an appointment and it ends when the practice receives payment. It sounds simple enough, but the reality is there are too many opportunities along the way where simple mistakes can cost your practice money. For over 20 years eMDs has been offering revenue cycle services to our customers. Along the way, we’ve picked up a trick or two and have created a program of RCM Best Practices.
Whether you do your own billing and collections or use an outside billing service, using these best practices can help your practice increase revenue, decrease account receivables, reduce expenses, streamline workflow, and most importantly, improve control of your business.