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March 12-13, 2009
 Maximizing Your Medicaid Billing & Collections
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Improved Processes for Both Fee-for-Service & Managed Care
In today's
behavioral health and social service market, most provider organizations
are struggling with both how to decrease expenses and to increase the
financial resources that are available for program development and
service delivery. One often overlooked solution is to improve the
collection rate for the services that are rendered. It is not uncommon
for organizations in the field to have collection rates of only 80%,
meaning that an organization with $1 million in annual revenues is losing
$200,000 to bad debt expenses. Even a small improvement in collections
can have a positive financial impact.
Presenting at The
2009 Best Management Practices Institute, Joseph F. Rutherford, M.B.A.,
Senior Consultant, OPEN MINDS, teaches better accounts receivable
practices by learning the key elements of successful collection.
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OPEN MINDS