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Define specific goals for each phase of the billing process, such as reducing claim denial rates or improving the time-to-payment metric. Use Key Performance Indicators (KPIs) like Days in Accounts Receivable (AR), clean claim rate, and
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When a business experiences rapid growth, it can quickly become overwhelming, leading to inefficiencies, missed deadlines, and declining quality. From a project management perspective, the first step is to assess and realign current processes to accommodate
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Project management also fosters better collaboration and communication between billing teams, healthcare providers, and insurance companies. Establishing a standardized workflow ensures that everyone involved understands their roles and deadlines, reducing misunderstandings and improving efficiency. Failing to
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