Health Reform’s Impact on the Revenue Cycle

Health reform is the most sweeping change to hit the healthcare industry since Medicare. As a result, health leaders need to radically change their mindsets and their action plans. It's no longer good enough to simply improve current revenue cycle management practices in an incremental fashion.

The goal: Transform people, processes and technology to completely reshape revenue cycle management - and better cope with new health reform realities.

Unfortunately, the job is so overwhelming that it could result in significant inertia. To help focus your efforts, however, McKesson has identified the following key six areas of health reform for health organizations to focus on:

  1. Reduced Reimbursements
  2. Compliance Expansion
  3. Quality Improvement Initiatives
  4. Payment Reform
  5. Coverage Expansion
  6. ICD-10 Transition