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3 key ways to improve revenue cycle performance

Revenue cycle performance is key to running a successful practice, according to medical news site Mnet News.

Three revenue cycle tips:

1. Track performance. Analyzing data is the most effective way of improving revenue cycle performance. Revenue cycle data can help staff determine where there are areas for improvement.

2. Rethink claims denial management. Claim denials can cut into profits. A claim denial prevention system can track claims and flag errors before claims are processed.

3. Spend less. Cutting costs by adopting technology such as automation can help ASCs spend less on labor and human error.

Read more here.

More articles on coding, billing and collections:
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