Get Live Chat Request a Callback Get live demo

7 Ways to Immediately Improve Your Revenue Collection Rates


Revenue collection is a necessary part of your clinic operations, but it’s also one of the most difficult. From large multi-specialty, multi-provider, multi-location to small independent physician clinics with a single provider, revenue collection remains one of the most frustrating parts of private practice.

The financial pressures of running a clinic are one of the biggest concerns for small and independent practices as well as small or medium-size group practices. Recent events have only exacerbated what was already a difficult financial maze of claims, reimbursements, patient responsibility, and bad-debt write-offs.

While patient care is and should always remain the primary focus of your clinic, your practice leadership must focus on revenue cycle management with the goal of continually optimizing collection rates. Fortunately, there are things you can do right now to collect more of the money you bill for services. We created this definitive guide on improving revenue collections to share seven key things you can do right now to collect more of the money you bill for services. A sample of what’s inside:

  • Key performance indicators for revenue cycle management you should be measuring.
  • Financial benchmark metrics from MGMA, AAFP and more.
  • Tips for following up on denied claims and how to prevent (if possible).
  • Tips for collecting more cash from patients (up front).
  • Strategies to revamp workflow to support medical coding and billing efficiencies.

Topic: Medical Billing, Revenue Cycle Management | Content Type: eGuide

Get free eBook

Provide your information to receive this via email.

“The money I have invested in AdvancedMD is miniscule compared to the return. I have never been more efficient – ever – in my professional life as I am now.”

Jed Shay, MD
The Pain Care Center

Read the story  ›

“[Our] patients are very well-educated and well-informed, and they want to see results quickly. The practice has to run extremely efficiently and be accessible to them. The nice thing about [AdvancedMD] is it has allowed me to be more efficient both in and out of the office. Now I don’t have to come back into the office, which is great for my family and everything else. It saves me a lot of time – probably an hour a day on the three days I work in the second office.”

Keith Berkowitz, MD
Center for Balanced Health

Read the story  ›
Estaban Lavato, MD - La Loma Medical Center

“The best thing I ever did in private practice was getting AdvancedMD—it has liberated me.”

Estaban Lavato, MD
La Loma Medical Center

“Having integrated practice management and EHR is absolutely wonderful, you don’t have to flip back and forth between systems—all of your information is at hand when needed.”

Raju Raval, MD

Read the story  ›