Avoid Common Financial Pitfalls While Seizing RCM Improvement Opportunities.
Given the size and scope of an EHR, it’s not surprising that the revenue cycle implications are vast, and an unsuccessful implementation can pose significant financial risks to your organization. To reduce potential risks, you should approach an EHR initiative holistically, proactively considering how the project’s clinical and financial elements interconnect. Going a step further, organizations must intentionally work to optimize the features of both the new EHR and the revenue cycle management (RCM) solution while mitigating the risk of revenue loss during the transition.
