If a health care practice collects just 80% of all medical claims, that means 20% is left on the table. With target net revenue collection rates of over 95% or higher (see Best Practices For Assessing The Effectiveness Of Your Revenue Cycle Operations and Finances And Your Practice), even with best practice revenue cycle management (RCM) operations already in place, there are still ways specialty provider organizations can continue to improve their collection rates for health plan claims. Here, I share seven additional tips for improving collection rates.;

​Maximize the billing edit capabilities of your electronic health record (EHR . . .

Want To Read More? Log In Or Become A Paid Member
Resource Available For Paid OPEN MINDS Circle Members Only
Not a paid member? Don't miss out! Sign up today and receive unlimited organizational access to all OPEN MINDS strategic advice, market intelligence, and management best practices – over 250,000 resources!
If you are already a paid member, log in to your account to access this resource and more. If you are a free member, you will need to upgrade to a paid membership before accessing this resource.

If you are not yet a paid member, learn more about the OPEN MINDS Circle Market Intelligence Service Membership on our website, reach out to our team at info@openminds.com, or call us at 877-350-6463.