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Revenue cycle management.
- Source :
-
Journal of vascular surgery [J Vasc Surg] 2009 Nov; Vol. 50 (5), pp. 1232-8. Date of Electronic Publication: 2009 Sep 26. - Publication Year :
- 2009
-
Abstract
- With the widening gap between overhead expenses and reimbursement, management of the revenue cycle is a critical part of a successful vascular surgery practice. It is important to review the data on all the components of the revenue cycle: payer contracting, appointment scheduling, preregistration, registration process, coding and capturing charges, proper billing of patients and insurers, follow-up of accounts receivable, and finally using appropriate benchmarking. The industry benchmarks used should be those of peers in identical groups. Warning signs of poor performance are discussed enabling the practice to formulate a performance improvement plan.
- Subjects :
- Appointments and Schedules
Benchmarking
Contract Services economics
Credentialing economics
Humans
Insurance Claim Reporting economics
Insurance, Health, Reimbursement standards
Medical Records economics
Organizational Objectives
Patient Credit and Collection organization & administration
Patient Credit and Collection standards
Practice Management, Medical organization & administration
Practice Management, Medical standards
Vascular Surgical Procedures organization & administration
Vascular Surgical Procedures standards
Accounts Payable and Receivable
Health Care Costs
Income
Insurance, Health, Reimbursement economics
Patient Credit and Collection economics
Practice Management, Medical economics
Vascular Surgical Procedures economics
Subjects
Details
- Language :
- English
- ISSN :
- 1097-6809
- Volume :
- 50
- Issue :
- 5
- Database :
- MEDLINE
- Journal :
- Journal of vascular surgery
- Publication Type :
- Academic Journal
- Accession number :
- 19782521
- Full Text :
- https://doi.org/10.1016/j.jvs.2009.07.065