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

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Be Your Own Consultant: Measure Your Revenue Cycle

Be Your Own Consultant: Measure Your Revenue Cycle


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Sara M. Larch, MSHA, FACMPE
 
Step outside of your day-to-day responsibilities and imagine for a moment that you are a revenue cycle consultant who is going to evaluate the performance of your medical practice’s revenue cycle. As the consultant, you have been asked to evaluate the revenue cycle performance over the last 12 months. Your next steps as a consultant would include: interview key stakeholders in the medical practice about important variables that affect performance, review key performance indicators, and make recommendations for performance improvement.