by: Kaylee Gordon Riddle Excellent Communication Skills – Most workdays a CFO’s week include multiple meetings. Because of this, a great chief financial officer must have the proper communication skills to delineate new financial plans and to debate opposing
By Kaylee Riddle and Audrey Cooper Healthcare Chief Financial Officers strategize with their Revenue Cycle teams to create projects that help healthcare organizations meet financial goals. When prioritizing initiatives, CFO’s look for projects that have high financial return and
With the national employment rate at 3.7%, it is difficult for organizations to compete for competitive employee candidates. This sets a health center back and the clinic is forced to reevaluate the onboarding process. To do this, many speak
By: Kaylee Gordon Inaccurate account information will cause for inaccurate balances to be billed, infuriating patients and hindering the debt collection process; it throws reaching the maximum debt collected out the window. This can be quite the headache for
A study of nearly 35,000 online reviews of medical billing office’s nationwide has found that customer service is patients’ chief frustration, not physicians’ medical expertise and clinical skill.
Medical practices have struggled with the decision to outsource self-pay receivables for decades. A recent HFMA study discussed a myriad of choices available and each choice presented a compromise of one trade off or another.
A new national survey administered by Emerald A/R Systems www.emeraldar.com shows that the majority (77.3%) of radiology practices are receiving only a 12% rate of recovery from collection agencies working on their behalf. The remainder of the practices are
Cancer is ugly. The effort to get paid doesn’t have to be. The state of cancer care in America- 2015, American Society of Clinical Oncology Cancer facts and figures. American Cancer Society, www.cancer.org Forbes: http://www.forbes.com/sites/insidepatientfinance/2013/07/03/hospitals-and-debt-collectors-race-to-head-off-medical-bill-collection-laws-regs/ http://www.cancer.net/navigating-cancer-care/financial-considerations/understanding-costs-related-cancer-care