In an effort to streamline business practices, reduce inefficiencies, improve financial performance, and respond to evolving regulatory changes, some organizations are evaluating whether to outsource their business office processes. While there are some definite benefits to outsourcing, there are also some inherent risks. Before moving forward with outsourcing, it’s important to thoroughly consider the benefits and the potential risks when determining if it is a good fit for your organization.
Hayes' Healthcare Blog
Drip. Drip. Drop. That’s the sound of leakage. How are you managing your organization's outgoing referral population? Are you measuring and tracking the number of outgoing referrals? How well is your organization managing the coordination of patient care? Understanding why patients are seeking services outside of the proverbial footprint of your organization is crucial to your success. When evaluating the details, it is important to know the “why”: why are patients being referred outside the organization or why they are choosing to leave the organization. Understanding the “why” will help you to identify service gaps and begin offering the services that meet the needs of your patient population.