Vast benefits of improving medical finance administration [Video]

When trying to reduce the costs of patient care, hospital leaders and other medical facility decision-makers need to think comprehensively. 

Hi there, and welcome to the Professional Medical Services blog. 

Health Care Finance News recently reported that the American Medical Association and Medical Group Management Association have asserted that improving the authorization process can help with other administrative tasks. 

Essentially, if physicians, administrative staff and others have preauthorization for certain tasks, that costs and time wasted can both be reduced. In the accounts receivable arena, this could pertain to the authorization of invoices and approval of payments. 

Have you taken steps to streamline your accounting and collections processes?

Have a great day!