This webinar was Episode 1 of PYA’s new Revenue Recharge series. In the series, PYA shares ways providers (health systems and physicians) can identify revenue opportunities, leading to a more sustainable and visionary future and better healthcare for patients. By addressing net revenue opportunities in your operational planning, you can support your mission.
The first webinar, Revenue Recharge: Front and Middle Revenue Cycle Improvement, took place on February 22, 2024.
PYA Principals Sarah Bowman and Kristen Davidson discussed revenue opportunities through front and middle revenue cycle process improvement. This session included these learning objectives:
- Gain best practices for front-end data accuracy and point-of-service collections;
- Assess impact on reimbursement by consistently reviewing your charge description master (CDM) and fee schedules;
- Audit for comprehensive documentation and appropriate code assignment to minimize medical necessity denials and down coding.
Bowman and Davidson also discussed specific areas for operational improvements to help you realize greater net revenue.
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KEY TAKEAWAYS: Download PYA’S list of Net Revenue Diagnostic Opportunities that healthcare provider organizations should consider.
Watch for more episodes of the Revenue Recharge webinar series.
If you would like assistance with revenue management and strategies or any other area related to healthcare operations, strategy and transactions, or valuation, one of our executives would be happy to assist. You may contact them via email or by calling (800) 270-9629.
