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Lean Strategies in Healthcare Revenue Cycle Management
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Lean Strategies in Healthcare Revenue Cycle Management
Did you know? Revenue cycle inefficiencies accounted for 15% of 2.7 trillion spent on healthcare, or about $400 billion. Join Dr. Steven M Wagner to understand how to align continuous quality improvement through lean method for staff and management to overcome income obstacles in healthcare and help them to learn and experiment with strategies to address them.
Areas Covered:
• Introduction of case study
• Identification of factors in case study that raise questions about root causes of revenue shortfall
• Application of lean strategies to identify root causes
• Application of staff team specialists to analyze root causes
• Identification of root cause solutions by priority
• Application of responsibility and accountability
• Application of reporting schedule and analysis
• Application of process to change original plan
• Reporting of return on investment
• Correlation of lean processes to RCM
Invensis is an ISO 9001 and 27001 certified healthcare service provider and has also achieved HIPAA compliance. With our expertise in the healthcare domain, honed over 14 years of satisfying clients around the world, Invensis provides a tangible outcome to enhance cost savings, operation flexibility, compliance, and security.
Did you know? Revenue cycle inefficiencies accounted for 15% of 2.7 trillion spent on healthcare, or about $400 billion. Join Dr. Steven M Wagner to understand how to align continuous quality improvement through lean method for staff and management to overcome income obstacles in healthcare and help them to learn and experiment with strategies to address them.
Areas Covered:
• Introduction of case study
• Identification of factors in case study that raise questions about root causes of revenue shortfall
• Application of lean strategies to identify root causes
• Application of staff team specialists to analyze root causes
• Identification of root cause solutions by priority
• Application of responsibility and accountability
• Application of reporting schedule and analysis
• Application of process to change original plan
• Reporting of return on investment
• Correlation of lean processes to RCM
Invensis is an ISO 9001 and 27001 certified healthcare service provider and has also achieved HIPAA compliance. With our expertise in the healthcare domain, honed over 14 years of satisfying clients around the world, Invensis provides a tangible outcome to enhance cost savings, operation flexibility, compliance, and security.
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