tci Medicare Compliance & Reimbursement - 2024 Issue Q3

Reimbursement: Try These Tips For Boosting Financial Literacy

Hint: Make sure you involve physicians, so they understand the ripples of their work. Ensuring your practice is financially stable — and, ideally, growing — is the crux of the business side of healthcare. And assuring key contributors to the bottom line, like physicians, know what’s going on, is important for accountability. “The more the physician knows about the financial health of the practice, the better they will be,” says Karen Bowman, FACMPE, CPC, CPMA, in a session at AAPC’s 2024 HEALTHCON. Remember These Strategies Before you can present a physician with the numbers, you...

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