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RICHTER E-BOOKS BLOG

Six Strategies to Optimize Your LTPAC Revenue Cycle Process

Posted by Richter on Jan 14, 2020 2:42:56 PM

All successful long-term post-acute care (LTPAC) providers must generate revenue in order to pursue their mission and grow. Yet, it’s not enough to just generate revenue; your organization must also collect the revenue while minimizing leakage and potential lost dollars. That’s where revenue cycle management (RCM) comes into play.

RCM is the process for tracking client revenue from admission/registration through collection of accounts receivable balances. The cycle includes the universe of administrative and clinical functions in an LTPAC organization that contribute to the capture, management and collection of patient service revenue.

If you seek ways to boost profitability and enhance outcomes, optimizing RCM is a prime place to start.

Now, we have developed a new e-book, “Six Strategies to Optimize Your LTPAC Revenue Cycle Process,” that offers specialized insight into the industry’s top RCM practices and practical strategies to optimize your RCM function.

CLICK HERE TO DOWNLOAD YOUR FREE COPY.

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Topics: Revenue Cycle Management

Revenue Cycle Management (RCM) and Process

Posted by Richter on Jul 17, 2017 5:07:14 PM

Is your healthcare business running as efficiently as possible?

Learn how your organization can optimize the process of Revenue Cycle Management with our e-book, Revenue Cycle Management (RCM) and Process

Inside you will find:

  • The 7 Keys to Effective Revenue Cycle Management
  • A detailed outline of the process of Revenue Cycle Management
  • Tips for a successful Revenue Cycle Management process
  • How an effective process can maximize quality of care

CLICK HERE TO DOWNLOAD OUR FREE GUIDE



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Topics: Revenue Cycle Management

Is Working with an Outsourcing Firm Worth the Investment?

Posted by Richter on Jul 17, 2017 4:51:34 PM

All successful businesses have to generate revenue. But it is not enough to just generate revenue, you must also collect the revenue.

Due to continual changes and the many demands in the LTPAC industry, you may be surprised how easily and often revenue goes uncollected. Therefore, outsourcing business services is not only becoming acceptable, it is becoming a toolkit solution.

Get our guide, Is Working with an Outsourcing Firm Worth the Investment? to discover:

  • The 5 most common reasons revenue may NOT be getting collected at your organization
  • Signs of inefficiencies you don’t want to miss
  • How to select an outsourcing firm
  • How to determine ROI with an outsourcing firm

CLICK HERE TO DOWNLOAD OUR FREE GUIDE

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Topics: Revenue Cycle Management