Dealing With the Decline of Fee-for-Service Reimbursement: 4 Strategies

In a Physicians Practice report, Aubrey Westgate, discusses new value-based reimbursement models and incentives and lays out strategies for medical practices to deal with the decline of fee-for-service reimbursement.

Advertisement

Here are four strategies:

1. Increase utilization.
2. Step up collections.
3. Assess agreements.
4. Prepare for high deductibles.

More Articles on Practice Management:

Successful Small Businesses: 8 Words of Wisdom From Entrepreneurs
6 Recent Articles on Medical Practice Marketing Tips
5 Ways to Avoid Potential & Unexpected Medical Lawsuits

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.