How to Increase Cash Flow Using Data and Analytics
In today’s challenging environment, healthcare leaders must seek opportunities to boost revenue through improved financial performance and reimbursement. Some common strategies include reducing the number of outstanding bill hold accounts, reducing A/R days, and managing discharged not final billed (DNFB) cases. This article tackles, the following topics: Common reasons accounts remain unbilled. Identifying opportunities for improvement. Using data analytics and process improvement to achieve financial goals. Creating lasting improvements.