ARLINGTON COUNTY MEDICAL SOCIETY, INC. Physicians dedicated to providing quality healthcare since 1914

Improving Your Practice’s Bottom Line

An Educational Series for Physicians & Practice Administrators

Learning Objectives by Program

 

         

            Getting Paid Every Penny Every Time

·        Assess your practice’s revenue cycle performance

·        Identify appropriate benchmarking data and resources

·        Utilize revenue cycle terms and calculations

·        Understand and apply denial management concepts

·        Evaluate your revenue cycle management options

·        Determine the financial health of your own practice

           

 

         Leveraging Your Practice’s Performance In the Marketplace               

·        Understand the marketplace factors driving practice change

·        Identify your practice’s clinical performance assets and liabilities                                  

·        Review strategies for impacting your clinical and financial data

·        Understand the basics of pay for performance plans and performance based criteria like NCQA’s Bridges to Excellence Physician Office Link

·        Gain insights into future practice performance expectations

 

         Maximizing the Use of Technology in the Medical Office

·        Understand current healthcare technology drivers and timeframes

·        Examine the features, functions and costs of the technologies driving care and service  delivery in the practice

·        Review the steps of the technology investment decision making process

·        Hear best practices and lessons learned in practice-based implementations

·        Identify healthcare and product specific technology resources for physicians and practice administrators

 

         How to Garner Negotiating Power

·        Hear the payer’s perspective on practice negotiating power

·        Analyze your practice’s opportunity to add value to your payer relationships

·        Learn strategies for differentiating your practice from others of similar size

·        Identify the right data and analysis to use for payer discussions

·        Understand the impact of your billing system’s set up on data delivery, the perception of your practice and your ability to analyze care and service