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UCR 150: Integrated Practice Wide RCM, Part 2 - Point of Service Actions

Urology Coding and Reimbursement Podcast

English - June 21, 2023 20:00 - 41 minutes - 28.3 MB
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 June 23, 2023 

Mark, Ray, and Scott welcome back Larry Kemp, FACHE to continue the discussion on Integrated Practice Wide RCM.  In part 2 of this 4-part series, Larry shares information about Point of Service Actions.

Key Points of Action:

Sustaining practice RCM metrics.Understanding basic billing and collections actionsImplementing performance improvement change – Theory versus effective applicationOften practices are missing far too much uncollected reimbursements. Why? Due to poor business practices that cause RCM leaks. These are preventable.Every missed pre-authorization call, uncollected deductible, and overlooked filing deadline cost the practice money.Losses are not sustainable in today’s business of tight operating margins.Uncollected reimbursements due to leaks in RCM processes are preventableEvery missed pre-authorization, uncollected deductible, eligibility verification, and overlooked filing deadline is lost revenue.

 


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