Health Care Finance News: 6 steps successful practice managers follow to maximize revenue
Increasing revenue should be at the top of a good practice manager’s mind–often times though, it isn’t. Dixon Davis, VP of practice management for AAPC, recently gave Health Care Finance News six key steps to increasing revenue from a practice management point of view.
“Depending on the compensation structure of the physicians, a substantial net income may be expected in order to pay bonuses,” he wrote. “For others, simply keeping a positive number to support the current salaries is acceptable. Either way, it is important to manage the bottom line of medical practice to verify financial expectations of the owners are being met.”
Read the full article here.