We have all been bombarded by the news on the economy for months now. So now I am seeing a new healthcare trend. Let’s keep our projected revenue targets low because we know we are not going to have a good year. Are we really saying, “We did everything we could do to improve our workflow and therefore there is no room for improvement?”
I often conduct Revenue Cycle Assessments and uncover gaps between what the policy says and what is really going on. Taking it one step further, there are gaps between what has been done because “we have always done it that way” and what industry “Best Practice” is.
So if you set the Revenue projection low this year, are you admitting defeat or are your projections really based on a streamlined business model?