Lessons Learned: What NOT to do When Insourcing VBC RCM
While implementing VBC RCM (value-based care for revenue cycle management) technology in-house is a major commitment, if done properly, it will pay dividends for many years to come. As with any new technology, there are challenges in getting to an optimized state for your practice and workflows. Learning from the experience of others – both positive and negative – can help you plan for an implementation free of the pitfalls that have tripped up those who have gone down this road previously.
From experience with thousands of practice automation installments in clinics nationwide across a wide variety of specialties, we’ve summarized the six most common mistakes that have cost these providers unnecessary time, money and resources in their VBC RCM implementations.