As 2022 comes to close, many community health centers (CHCs) and federally qualified health centers (FQHCs) are beginning to assess and measure organizational performance in hopes of improving operations for 2023.
With 2023 approaching fast, Monarch Health Solutions recognizes this important reflection is not always simple – or even feasible – due to critical year-end processes and initiatives. That is why our experts have compiled the top three trends in revenue cycle management (RCM) that industry leaders need to consider. Read on to learn more!
Think patient first
Though always top of mind, many CHCs and FQHCs can sometimes leave out the most important consideration when planning and optimizing RCM strategies – patients! By bringing patients to the front (and center) of focus, we can begin to unlock new opportunities for care.
As documented by Rev Cycle Intelligence, thinking long-term – foremost with the patients we serve – CHC and FQHC leaders can begin to establish comprehensive patient journeys that enable centers to capitalize on new opportunities for quality, value-based care.
Be the best partner in care you can be
As we continue to face unprecedented levels of care team burnout, it has never been more important for CHC and FQHC leadership to position themselves as partners in care for physicians.
Simple demonstrations of your investment in physician resources and recognition can greatly reduce burden and can set your care teams up for success. Consideration and investment into technologies designed to improve time, resources, and workflow can help physicians focus on delivering high-quality care to patients in need.
Similarly, adopting technology-driven tools, such as those designed to optimize reimbursement strategy, coding and clinical documentation, and overall RCM performance, can help CHC and FQHC leaders focus on what matters most to them.
Jumpstart your RCM strategy – today
Our final, and perhaps most important industry trend is to begin planning – today. CHCs and FQHCs can no longer afford to place RCM optimization and strategy on the back burner.
Monarch Health Solutions can help CHCs and FQHCs find ways to boost revenue and efficiency by identifying quick wins to immediately improve RCM performance. Plus, a proven RCM Health Check Assessment process can be implemented in a matter of weeks, not months, so you can continue to focus on achieving your organizational goals.
Leverage our expert team and realize outcomes fast by taking the first step to RCM optimization today. Click below to get started:
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