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Dollars and Sense in Healthcare: Navigating the Revenue Cycle Maze and Discussing Money and Financial Management
Manage episode 383587800 series 2927574
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Isn't it time we broke the silence surrounding money in healthcare? Juli Quinn, President of GoSource, and I break down this taboo topic in an engaging conversation. We explore the vital role of financial management in healthcare, tackling everything from the importance of financial recovery for hospitals, clinics, and individual practices to the challenges of submitting claims and the crucial need for timely documentation.
Our conversation doesn't stop there. We dive into the pain points many healthcare organizations face and how bringing in a knowledgeable team for financial management can be the solution. Juli offers valuable insights about finding the right team to support your organization's financial journey, along with how GoSource can be an instrumental part of this process. We wrap up by discussing how to decrease the cost of collecting money, improve financial stability, and ultimately, make your healthcare practice more profitable. Because let's face it, a financially stable practice is better equipped to serve its patients. So, come join us, let's talk money and healthcare.
What You'll Learn:
1. What is RCM, or Revenue Cycle Management.
2. Why RCM matters.
3. What can understanding RCM and increasing profitability translate to clinically?
4. It's all about people, the patients, and the community at the end of the day.
Resources for Note Efficiency:
Finding Balance and Efficiency in Medicine: A Conversation with Dr. Mary Leung, MD [Dr. Mary Leung, MD coaches on how to be efficient with notes, and go home on time.]
Leveraging Artificial Intelligence in Medicine to Combat Documentation with Matt Dallmann [Matt Dallmann has developed an AI product to help be your virtual scribe that won't quit on you, and will continue to help you be efficient.]
Connect with Juli:
GoSource
LinkedIn
Connect with Dr. Sapna Shah-Haque:
Instagram
Though I am a physician, this is not medical advice. This is only a tool that physicians can use to get ideas on how to deal with burnout and/or know they are not alone. If you are in need of medical assistance talk to your physician.
Learn more about female physicians' journey through burnout to thriving!
https://www.theworthyphysician.com/books
Let's connect for speaking opportunities!
https://www.theworthyphysician.com/dr-shahhaque-md-as-a-speaker
Check out the free resources from The Worthy Physician:
https://www.theworthyphysician.com/freebie-downloads
Battle of the Boxes
21 Day Self Focus Journal
Chapters
1. Improving Financial Management in Healthcare (00:00:00)
2. Improve Financial Stability in Healthcare (00:15:37)
133 episodes
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