Medical Practice Management Books, Journals and Articles for Physicians, Practice Administrators and Doctors' Office Managers

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Three Payer Strategies to Increase Revenue

Three Payer Strategies to Increase Revenue


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Sara M. Larch, MSHA, FACMPE
 
Medical practices continue to struggle to maintain revenues while keeping an eye on healthcare reform, new regulations, and the increasing costs of doing business. Third-party payers are focused on new payment models and incentives, moving from productivity-based to value-based methodologies, and aligning with providers of all types. While these healthcare innovations are critical to our futures, medical practices must also keep focusing on day-to-day operations and increasing revenue. When medical practices follow these three payer strategies they can increase their revenue.