Re-Engineering Revenue Cycle Management To Maximize Cash

This OPEN MINDS Executive Roundtable was delivered on July 20 by OPEN MINDS Senior Associates Raymond Wolfe, J.D., and Ken Carr. They discussed revenue cycle management as a well-documented system of processes—staff are continually trained and supervised, technology is used to simplify data processes and reduce human errors, and metrics are needed to monitor and manage results. Executive attendees of this session learned:
  • Best practice revenue cycle management (RCM) processes to maximize cash
  • Insights on to how effectively deploy technology to increase cash flow
  • Metrics use for analyzing and managing RCM
This roundtable was part of The OPEN MINDS CFO Consortium developed to provide executives with the tools and abilities to strategically assess and position their organizations for long-term sustainability and growth. The consortium is open to all Elite members, to learn more and sign up, visit https://openminds.com/store/cfo-consortium/.