Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What should I reply back to my peer question to add to the conversation I think physician involvement in revenue cycle management is necessary. Physicians

What should I reply back to my peer question to add to the conversation I think physician involvement in revenue cycle management is necessary. Physicians choose diagnosis codes and other aspects of billing, which affect reimbursement, so physician education in revenue cycle management would likely help improve financial performance and efficiency. The office manager and billing and collections staff should be able to handle revenue cycle management if they are sufficiently staffed, but executive management should be involved in developing physician education on this topic and how their workflows would be affected by their involvement in RCM. To encourage physicians and other clinicians to be more supportive of the organization's business practices, they should be more involved in the decision making process, be involved in regular meetings regarding the business practices, and increasing their pay may help as well. Education on the topic and why their support is important may help as well

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Retailing Management

Authors: Michael Levy

11th Edition

1264157444, 9781264157440

More Books

Students also viewed these General Management questions

Question

Conduct a needs assessment. page 283

Answered: 1 week ago