Whether you are in private practice, a large group, hospital employed or in academics there are certain “best practices” that are common regardless of size or practice type.
Orthopaedic surgeons are often surprised and sadly pay attention only when their AR soars, their pay is being cut, audits by health plans with refund requests come in—or worse yet a dissatisfied young associate leaves. Failing to know what should be happening in your revenue cycle and why is a very expensive mistake. Understanding what reports management you should receive is essential to your practice and personal financial health.
As a result of this session participants will leave with:
- Specific OIG audit targets with actions against orthopaedic practices are included.
- Knowledge of specific financial reports to monitor weekly, monthly and quarterly.
- Best practices with regard to patient financial accountability and counseling
- Access to a survey that measures physician and staff satisfaction with the operation of the business side of the practice.
- How to help your staff with better documentation for prior authorizations and appeals.
- Preview of coming coding changes.