In an increasingly competitive healthcare environment, expanding your practice’s offerings and optimizing operational efficiencies are key to sustained growth and success. This session will delve into the development of a strategic expansion plan that aligns regulatory considerations, coding optimization and revenue cycle optimization in anticipation for practice expansion.
Learn how to identify and implement sustainable ancillary services and revenue capture models that complement your core practice such as diagnostic services, preventive services, and clinical team augmentation opportunities. . Discover the benefits of these services in enhancing patient care, improved value-based program performance and generating additional revenue streams. Understand the importance of identifying, researching, and applying documentation and coding best practices for new service lines. Align reimbursement and regulatory compliance guidelines for service enhancements with documentation and coding best practice workflows. Evaluate and measure current and future revenue cycle infrastructure needs to support long-term success of organizational expansion.
Learning Objectives:
Identify and implement ancillary services that align with your practice’s goals and patient needs
Optimize coding practices to ensure accurate billing and maximize reimbursements
Develop and execute strategies to improve revenue cycle management, enhancing overall financial performance
