A practice that’s unable to reduce revenue leaks and increase their bottom line will have a hard time staying afloat.\n\nWhen it comes to minimizing costs and managing revenue, medical practices of all sizes make the same mistakes. Here are 7 common RCM pitfalls to avoid at all costs.\n
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The moral of this RCM scenario is, it’s much harder to get patients to pay once they’ve been treated and are out the door, so make sure your staff has been trained on these procedures and can clearly communicate your collection policies.
To become even more efficient and profitable, make it a goal to submit claims at the end of each day. If you automate this submission process as much as possible with computer software, you can reduce the time and effort required.
You may be thinking, “How am I supposed to find the time to stay on top of all of my payers?”
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