CME OnDemand: Crack the Codes Practice Management and Coding-Recording: Revenue Cycle Management: Improve Your Bottom Line

Video Transcription

Video Summary

The video is a presentation on revenue cycle management in a medical practice, specifically focusing on improving collections and reducing denials. The session is part of a larger coding and practice management course series. The presentation is given by Karen Zupko, along with Jennifer Bell and Jennifer Cabrera. The speakers discuss various topics including prior authorizations, denials, patient collections, and the use of CareCredit. They emphasize the importance of accurate documentation, proper coding, and thorough insurance verification to ensure timely and accurate reimbursement. The presenters also provide tips on how to improve revenue cycle management and reduce accounts receivable. They highlight the need for staff training, clear communication with patients, and effective use of technology to streamline billing processes. The speakers provide real-life examples and offer practical strategies for enhancing revenue cycle management in a medical practice. The session includes question and answer portions and references other resources for further information. Overall, the presentation aims to help medical practices improve their financial performance and ensure optimal revenue collection.

Keywords

revenue cycle management

medical practice

collections

denials

coding

prior authorizations

patient collections

CareCredit

accurate documentation

insurance verification

accounts receivable