You are a manager of the medical facility you chose in week 3. Your providers/owners have discussed with you that they have noticed finances/revenue has been lower over the past 6 months and have asked you to come up with some solutions on how to increase revenue / lower costs within the practice.
4-6 pages not including cover and refrences
Based off of the previous weeks assignments which is my primary care, what could you do as the manager to help elevate the revenue and cash stream while still maintaining the practice culture with your patients. Be detailed in explaining your processes in coming up with a solution.
Key elements to discuss would be:
´ Financial Reports´
Billing/Collections/Insurance´
EMR/EHR software and equipment´
Services´
Staffing´
Marketing