Are you facing revenue leakage in your clinic?

Revenue Cycle Management in Healthcare
Revenue Cycle Management in Healthcare – CapMinds

Managing Revenue Cycle Management (RCM) is very difficult and complex. There are literally hundreds of ways to lose reimbursement here a little loss and there a little loss, all adding up to the point where almost all practices are continually financially squeezed. Reimbursement rates have dropped for years, while all other expenses–rent, personnel costs, medical supplies–continue to rise. So a medical group’s only way to maintain its net profits is to control costs and reduce missed reimbursements. For medical practices, here are the top 9 sources of lost revenue and expense drain (leakage), in order: