Health & Wellness Blog

    

3 Ways Health Centers Can Generate More Revenue

There is no denying the fact that the specter of staff cuts and limited budgets looms large over many health centers. Many of them are found with no other option but to cut down on employee strength who are working on important projects.

It is now becoming quite common for many employees doing multi-tasking which in turn affects the overall reputation and goodwill of the health centers. There are many staff members who spend more time sorting out insurance claim of patients though their main job is to take care of the patients.

Health Center

As a result, it is very important to find out ways and means by which health centers can generate more revenue and at the same time keep the quality of customers services unhampered.

Better Work Allocation Amongst Staff

One of the simplest ways to generate more revenue for such health centers is to ensure that the staff duties are allocated properly so that there is increased efficiency at all level. Duplication of work could be a big impediment to productivity and this should be avoided at all costs.

However, at the same time it is also extremely important that the employees are not overburdened with repetitive and unproductive tasks. The onus lies on the managers to find out ways and means by which the staff are made to do work that will directly and positively impact the revenues of the company rather than keeping them engaged in mundane tasks which could kill their time and also their zeal to perform better.

Optimization Of Health Center Billing Procedures

The medical billing process for health centers is something that occupies lot of time and effort. According to many studies, health center billing occupies almost 50% of the man hours and also contributes to a big size as far as salaries and other recurring expenses is concerned.

 A better option would be to enter into some strategic partnership with a third party medical billing service provider and see that costs are reduced without efficiency of services being compromised in any manner. You can learn more from this trusted provider of health center billing services at www.MaximizedRevenue.com.

Readmissions To Be Reduced The Bar Minimum

While readmissions cannot be completely ruled out, as far as medical centers that are run on grants and funding are concerned, it always makes better sense to restrict readmissions to the maximum extent possible. This would call for following the right post-care or post-treatment regimens where there regular contact with the patient and regular counseling that is given.

This certainly could go a long way in saving thousands of dollars. However, the health care center should know where to draw a line between real needs for readmissions or looking at other options. Learn more about readmissions and the Readmission Reduction Program at www.CMS.gov.

Increase Market Share By Offering New Services

When health care centers are facing fund crisis, then the best way forward would be to look at ways and means by which revenue can be augmented. This could include adding new streams of services.

For example, even today many such centers do not have orthopedic services being offered to patients. This can be tried out because it is a very profitable line of service and there is a continuous demand for the same. There are a lot of funding opportunities worth exploring at bphc.hrsa.gov the official site of the Bureau of Primary Health Care of the Health Resources and Services Administration.

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