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Title: Revenue Cycle Management

Essay Details

Subject: Technology
Author: Katherine W
Date: June 15, 2014
Level: University
Grade: A
Length: 3 / 737
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

In many cases, physicians must treat 20 percent more patients than they did five years ago to generate the same revenue. In the face of these burdens, some practices are struggling to remain financially viable. For many practices, the biggest impediment to meeting these challenges is continual administrative burden, a lack of automated clinical documentation, and inefficient practice workflow systems...

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Despite the dramatic advances in many areas of healthcare technology over the past several years, most physician practices?especially small and midsize ones?are still using the same manual and paper-based office management systems they've used for decades. With mounting pressure from insurers, government agencies, and patients, physician practices need to reexamine the ways they work and interact...

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