Managing Cash Flow Through Tough Economic Times

Health Care

December 14, 2015

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This webinar was recorded on December 10, 2015.
This recorded session provides hospitals with an approach to manage revenue cycles so that the potential reduction in payments from ICD-10 implementation will be minimized. We discussed recent changes in the health care industry that impact hospital revenue cycles. An overview of the revenue cycle, best practices, and key performance indicators will help your hospital prepare for any downturns in claim payments.
Following this session, you will be able to:
  • Identify several current factors in the health care industry that will have a direct or indirect impact on the hospital revenue cycle.
  • Develop action plans to combat potential payment reductions due to ICD-10 implementation.
  • Implement revenue cycle best practices to attain optimal performance and maintain compliance.
  • Define key performance indicators for your revenue cycles and manage this information to identify aberrant or marginal processes.
  • Describe those processes that will enable your hospital to balance receivables and payments effectively.

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