Data-Driven Credit Balance Management for Healthcare Providers

Data-Driven Credit Balance Management for Healthcare Providers

Location: Webinar
Start date:

9/12/2018 12:00 PM

End date:

9/12/2018 1:00 PM

Industries: Healthcare
Data-Driven Credit Balance Management for Healthcare Providers
Event details

Credit balance management is not the most exciting area of the revenue cycle. It does not bring money into the organization and as a result, can sometimes get stuck in the “that’s the way we’ve always done it” trap. Considering regulatory reporting and managed care contract requirements, credit balance management is an important activity, but one that is still a manual process for many healthcare providers. During this session we will examine how organizations are assessing their current process, determining where data integration and automation can be applied, and discussing what steps they employ to combine the skills of expert staff with data science.

As a result of attending this webinar you should be able to:

  • Analyze your current credit balance processing and compare it to industry-leading practices
  • Identify areas of opportunity and how to quantify those to build a case for change
  • Recognize how data-driven processes can reduce risk to the organization and free up staff currently allocated to credit balance reconciliation

On average, credit balance accounts can take staff upwards of 15 minutes each to process manually. The power of data can streamline this process and allow organizations to reallocate staff to other areas of the business. Are you getting the most out of your team, your systems, and your credit balance process? Join us to find out.

Presented By:
Ryan Hartman

Chris Wood


September 12, 2018
Noon-1 p.m. Eastern


For more information, please contact Danielle Morabito.