BC Advantage - 2015 Issue 8

Revenue Cycle Management: Stop Your Practice From Crumbling

Do you know the parable about the wise man who built his house upon the rock vs. the foolish man who built his house upon the sand?  If not, the short version is the rain came and washed the house built upon the sand away but the house built upon the rock withstood the stormy weather.  In the end, this parable is meant to stress theneed for a good foundation and is applicable to everything from houses to relationships and, yes, to the revenue cycle management (RCM) processes in your practice. In the healthcare industry, various trends...

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