These organizations possess a vast amount of clinical, operational, and financial data, but it is exceptionally difficult to process and translate findings into actionable improvements. As a result, healthcare organizations are implementing data-gathering and reporting solutions to more easily identify underperformance.
To identify areas where performance metrics could improve quality care and revenue cycle processes, ask the following questions of your organization:
Every part of the revenue cycle is vital to an organization’s financial health, yet not every aspect is treated equally. The coding process is often written off as a necessary but messy process, accepting that care providers don’t have sufficient time to document everything at the time of care. Fortunately, there is a better path forward.