Put Your Business First

Dust Off Your Best Practices

To achieve big, we’re told to start small. I don’t know who first started telling us that, but it’s damn good advice. As you think about how to improve your business, review your current processes and protocols to make sure the basics are being well-managed; complacency in the simplest tasks can make them the most prone to error. So consider these essentials:

• Verify all patient visits prior to date of service
• Collect estimated patient responsibility at time of service
• Drop claims quickly
• Follow-up consistently and in a timely manner
• Consider a coding audit to ensure accuracy

Stay on top of those key efforts and your practice will reap the benefits of faster turnaround and increased cash flow. If you dive into the basics and find even they are a little askew, call Full Circle Medical Billing to point you in the right direction (or let us manage it for you!).

Know What’s Changing In the Industry

Medicare beneficiaries can compare the cost and quality of procedures done at an ASC versus a hospital outpatient department. And because ASCs are known for their quality outcomes and lower costs, these facilities will no doubt come out on top.

Trust & Support Your Team

At Full Circle, we know the power of team. The revenue cycle brings together multiple minds and areas of expertise and requires a consistent harmony of interaction, which isn’t always the simplest to achieve. Make communication, ongoing training and education, and mutual support the key initiatives for your own team; this will help ensure transparency and understanding, which will in turn contribute to more efficient A/R and stronger revenue.

And if you need a little help getting out of the box with your healthcare RCM solutions, call the industry leaders at Full Circle Medical Billing. We can tailor the perfect set of services to keep your bottom line boosted.