Nearterm Blog

Archive for December 2010

Considerations when hiring Revenue Cycle Consultants and/or Interim Managers

Almost all provider organizations engage Revenue Cycle Consultants or Interim Revenue Cycle Managers from time to time. A lot has been published through HFMA about vendor selection criteria and vendor management. Most professional organizations offer a resource guide that lists options. That said, here are two practical things to consider when hiring these resources:  …

Read More

Billing backlog, collection backlog, posting backlog – what is the right option?

There is no “cookie cutter” solution because the factors contributing to processing backlogs vary. Here are just a few: System conversion Limited labor pool Space constraints Volume increase Training deficits Ineffective work flow design Change in payor requirement IT problems The first step is to understand the root cause of the backlog and establish (a)…

Read More