Time for a financial deep dive – Retina Specialists
Whether you’re a solo practitioner or in a group practice, it’s important that you periodically review your financial metrics. Financial reports will tell you more than your net revenue. When you review metrics thoughtfully, you may be able to detect problems in your billing system.
In this era of chronic staffing shortages, high staff burnout and constant adjustments due to COVID-19, a financial deep dive can help you spot sloppy claim processing, abusive billing or, worse, fraudulent claims or embezzlement.
This article was published in Retina Specialist, which is written by Ellen R. Adams, MBA. To view the entire article in Retina Specialist, click on the link below: