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BC Advantage - 2017 Issue 10

Educating Practice Managers on Revenue Cycle Management

The revenue cycle management process, while standard in some ways, is always evolving, with new technology, new regulations, and new opportunities for growth. To stay efficient, practices may need to update their policies and procedures, as well as internal technology, to improve collection numbers and reduce bad debt.Responsibility for these updates often falls to practice managers, who are uniquely positioned to identify internal issues and lead the charge for change. They could turn to healthcare consulting professionals for assistance, or they might simply do their own research to determine the best course of action.Either way, even experienced...

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