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To outsource or not? What manufacturers should consider
Winter 2012
Newsletter: Manufacturer
Price: $225.00, Subscriber Price: $157.50
Word count: 985
Abstract: When done correctly, outsourcing can save manufacturers money and allow them to focus on their core business functions. But it’s important to consider the decision from a strategic and financial standpoint. This article lists questions to ask when deciding whether to outsource, what costs to consider when crunching the numbers, and some of the risks involved. A sidebar offers some tips for getting the most out of outsourcing if the decision is made to go ahead.
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Increasing revenue by managing denials in a rough economy
Fall 2009
Newsletter: Vital Signs
Price: $225.00, Subscriber Price: $157.50
Word count: 985
Abstract: Hard economic times are causing medical practices to increasingly write off accounts because of bad debt. Thus, cash flow is more important than ever for providers. One of the biggest factors in improving cash flow is reducing the frequency and occurrence of denials and ensuring clean claims on the first submission. To effectively manage denials, physicians must identify the type of denial, educate staff, know how to edit claims and prepare appeals, and monitor progress.