Managing contracts and fee schedules is an important part of managing a medical practice. Unfortunately, many practice management systems lack the tools and reports to effectively manage this aspect of the revenue cycle. In this session, learn how organizations can take advantage of common applications, such as Microsoft Excel and Power Pivot, to create powerful tools and reports. The speaker will demonstrate a variety of tools that can be built to help analyze and compare payer contracts, set fee schedules and prices, and even estimate patient responsibility. These tools will not only help make the management process easier, but will enable managers to solve problems and make better business decisions.
Learning Objectives:
Discover the challenges and limitations of managing payer contracts and fee schedules with out-of-the box practice management tools.
Apply common B.I. tools, such as Microsoft Excel Power Pivot, that enhance the management of payer contracts and fee schedules.
Use the B.I. tools to conduct analyses and solve problems.