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The Evolving Challenge of RCM and Keys to Successful RCM with Compass Health Systems

Healthcare IT Today
3.81K subscribers
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123 views 5 months ago Healthcare IT Today Interviews
Coming out of the pandemic we learned some important lessons.  One of the important ones is that effective RCM (Revenue Cycle Management) is essential to running a successful medical practice.  The challenges and importance of RCM have never been greater.  Payers are continuing to take advantage of healthcare organizations with poor RCM.  Healthcare organizations that don't have high quality RCM will always struggle with cash flow problems.  This leaves them struggling to provide services to patients let alone continuing to innovate.  Of course, the opposite is also true.  Medical practices with great RCM are thriving. At the eClinicalWorks National Conference, I sat down with Sandy Washburn, VP of Operations at Compass Health Systems, to learn about their efforts to do effective RCM at their organization.  Washburn leads off our interview by describing how important RCM is to the success of their organization.  Plus, she talks about how RCM including things like claims and denials have become more and more challenging over time. Learn more about Compass Health Systems: https://www.compasshealthsystems.com/ Learn more about eClinicalWorks: https://www.eclinicalworks.com/ ...more
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The Evolving Challenge of RCM and Keys to Successful RCM with Compass Health Systems
2Likes
123Views
Dec 42024
Coming out of the pandemic we learned some important lessons.  One of the important ones is that effective RCM (Revenue Cycle Management) is essential to running a successful medical practice.  The challenges and importance of RCM have never been greater.  Payers are continuing to take advantage of healthcare organizations with poor RCM.  Healthcare organizations that don't have high quality RCM will always struggle with cash flow problems.  This leaves them struggling to provide services to patients let alone continuing to innovate.  Of course, the opposite is also true.  Medical practices with great RCM are thriving. At the eClinicalWorks National Conference, I sat down with Sandy Washburn, VP of Operations at Compass Health Systems, to learn about their efforts to do effective RCM at their organization.  Washburn leads off our interview by describing how important RCM is to the success of their organization.  Plus, she talks about how RCM including things like claims and denials have become more and more challenging over time. Learn more about Compass Health Systems: https://www.compasshealthsystems.com/ Learn more about eClinicalWorks: https://www.eclinicalworks.com/
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Healthcare IT Today

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