Positive cost containment can begin with not paying for down time. Administrative resources dedicated to case and claim processing sit on your books as solid, steady expense while the processing pipeline swings dramatically. Paying overtime when backlogs occur will definitely impact the monthly administrative budgets. A number of other factors also contribute to these swings.
What are your healthcare provider pain points? What are you doing to overcome them? What advice can you offer your colleagues? From a provider perspective, healthcare, as we know it, is changing rapidly. At times your head might be spinning when you think about the impacts of the Affordable Care Act as well as other healthcare legislation. How can you be sure the priorities you have established will help you comply and meet all established deadlines? What do you feel are the most critical pain points you are facing? You may be a physician’s office, you may be a hospital or healthcare system, you may be a rehab facility. All of these providers are experiencing similar issues, which vary from one degree to another. Let’s delve into a few of these.