If you were on a walk and spotted a couple of billion dollars by the side of the road, odds are you would do something about it. But each year, healthcare organizations — hospitals, clinics, and practices — collectively lose billions of dollars to administrative costs, losses that could be avoided with more efficient Revenue Cycle Management (RCM) practices.
Healthcare today is a mix of payment models, third-party payers, complex regulations, and codes. A practice’s survival depends upon getting the finances right. As getting paid appropriately and accurately for rendering medical services has grown more complex, so too has the importance of having an effective Revenue Cycle Management solution.
Once upon a time, you dreamed of medical school. You knew that would be hard to achieve. And it was. But you being you, there was always another dream — that of opening your own medical practice.
Saturday was busy for all with many helpful sessions. Popular ones included those about RCM, V10, healow, Meaningful Use in 2014 and how to utilize technology to meet the needs of a changing healthcare system. Customers also had the opportunity to stop by the support and training rooms, where they picked up new tips and tricks for optimizing their workflow experience. eCWCentral was packed all day, with attendees enjoying the interactive stations, test-driving our featured products.
We began the 2013 eClinicalWorks National Users Conference by asking our San Antonio users what they love about their city. Here is what one had to say:
