Navigating the Midcycle Maze to Unlock Revenue Potential
The middle phase of the revenue cycle, spanning patient registration to claims submission, is crucial to financial health. Disparate processes can lead to revenue leakage, denials, delayed reimbursements, and payer takebacks. This white paper identifies six key midcycle challenges and offers proven strategies to overcome them, including improving coding accuracy, enhancing medical record documentation, building a quality team, optimizing high-risk charge capture, managing costs, ensuring charge integrity, and implementing midcycle best practices.