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BackTable / VI / Podcast / Episode #486
Winning the Revenue Cycle Game
with Teri Yates
Is your practice profitable? The success of a private medical practice often hinges on effective revenue cycle management (RCM). In this episode of the BackTable Podcast, private practice consultant Teri Yates and host Dr. Ally Baheti share best practices in revenue cycle management for physicians. Teri Yates is the CEO of Accountable Physician Advisors and President of DocCentric.
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BackTable, LLC (Producer). (2024, October 8). Ep. 486 – Winning the Revenue Cycle Game [Audio podcast]. Retrieved from https://www.backtable.com
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Podcast Contributors
Synopsis
Teri explains the importance of understanding payer rules, the benefits of using professional coders, and managing front desk staff efficiently. The episode includes real-world examples of RCM challenges and solutions, the impact of insurance policies, and the role of cybersecurity. Teri also provides actionable tips for improving collections and navigating recent changes in healthcare reimbursement, especially for outpatient-based labs (OBLs) and ambulatory surgery centers (ASCs).
Timestamps
00:00 - Introduction
09:17 - Revenue Cycle Management: Case Scenarios
19:55 - In-House vs. Outsourced Billing
31:51 - Winning Strategies for Physicians
40:55 - Healthcare Cybersecurity
43:52 - Proposed Reimbursement Changes for 2025
48:32 - Telehealth and Legislative Concerns
55:25 - Conclusion
Resources
BackTable VI Podcast - Episode #366 Navigating OBL & ASC Business, Pitfalls to Avoid with Teri Yates:
https://www.backtable.com/shows/vi/podcasts/366/navigating-obl-asc-business-pitfalls-to-avoid
BackTable VI Podcast - Episode #431 OBL or ASC for Your Private Practice? How to Decide with Teri Yates:
https://www.backtable.com/shows/vi/podcasts/431/obl-or-asc-for-your-private-practice-how-to-decide
Accountable Physician Advisors:
http://www.accountablephysicianadvisors.com/services
DocCentric:
https://doccentricasc.com/
G2211 Add-on Code: What It Is and When To Use It:
https://www.aafp.org/family-physician/practice-and-career/getting-paid/coding/evaluation-management/G2211-what-it-is-and-how-to-use-it.html
The Materials available on BackTable are for informational and educational purposes only and are not a substitute for the professional judgment of a healthcare professional in diagnosing and treating patients. The opinions expressed by participants of the BackTable Podcast belong solely to the participants, and do not necessarily reflect the views of BackTable.
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