Editor’s note: The following is a tip from Catherine Pallozzi, CHAM, CCS, director of Patient Access at Albany (NY) Medical Center. Pallozzi is on the advisory board of the monthly newsletter, Patient Access Advisor.
What is so interesting about the revenue cycle is just when you have the team geared up and on their way, the fourth quarter of the year is upon you. In August/September, I find taking “inventory” of goals and objectives and ensuring a careful review of all key performance indicators helps in the close of the “year end book.” Your team works hard all year long to lose steam in the closing months.