During the course of a career in healthcare consulting that stretches back to the late 1990s, Kevin Calisher has been involved in the design, development and management of a number of ambulatory surgery centers (ASCs). The financial health of such facilities is crucial if they are to offer quality services, so keep the following in mind to improve the revenue cycle at an ASC.
Trim The Fat
Many ASCs make the mistake of incorporating bloated business offices on the premises, which often results in money being wasted on areas of the facility that are not directly related to the service being provided to patients. Place careful consideration into the size of your business offices and make sure they operate at full capacity. A business office that is not working to improve the ASC at all times is one that may be a little bloated.
No Procrastination
If you think revenue may be an issue in your ASC, you need to start doing something about it as quickly as possible. Procrastination leads to the issue going unaddressed, which results in problems further down the line. Start taking steps towards making improvements from the moment you identify a problem.
Cut Out The Inefficiencies
There are many issues that may make an ASC less efficient. Poor coding in your systems could result in more time being spent recording data than is needed. A bad accounting system can lead to incorrect bills being provided, resulting in delayed payments. All of these inefficiencies will have an effect on the revenue generated by the ASC.
Kevin Calisher is an experienced healthcare consultant.
Trim The Fat
Many ASCs make the mistake of incorporating bloated business offices on the premises, which often results in money being wasted on areas of the facility that are not directly related to the service being provided to patients. Place careful consideration into the size of your business offices and make sure they operate at full capacity. A business office that is not working to improve the ASC at all times is one that may be a little bloated.
No Procrastination
If you think revenue may be an issue in your ASC, you need to start doing something about it as quickly as possible. Procrastination leads to the issue going unaddressed, which results in problems further down the line. Start taking steps towards making improvements from the moment you identify a problem.
Cut Out The Inefficiencies
There are many issues that may make an ASC less efficient. Poor coding in your systems could result in more time being spent recording data than is needed. A bad accounting system can lead to incorrect bills being provided, resulting in delayed payments. All of these inefficiencies will have an effect on the revenue generated by the ASC.
Kevin Calisher is an experienced healthcare consultant.
