As the coronavirus sweeps the world, organizational leaders find themselves with a certain level of responsibility to keep their workforce safe and effective. We asked a number of leaders and experts a few questions about leadership communication in the face of this crisis, and we wanted to share their responses.
As a leader, your role comes with a responsibility to effectively communicate to your staff as you guide them forward. You are the person who must drive your team to be successful in developing strategy, implementing plans, and achieving corporate goals.
In times when many hospitals and health systems will face negative margins, employing activity-based costing principles that support a value-based healthcare economy provides essential information for healthcare leaders. Using this method to understand expenses associated with providing care exposes process inefficiencies, as well as capacity, across your value cycle. This is information that will help future-proof your organization.
When revenue integrity departments emerge from the revenue cycle, they often start out small. Filling your staff with key players is critical—every person has a role in ensuring the compliance and operations of your revenue integrity team. There’s no room for dropping the ball.
Once approval is given to launch a revenue integrity function or department, the program must be staffed to achieve its goals. In today’s healthcare world, roles in revenue integrity are popular. A recent scan of a popular recruiting website revealed nearly 9,500 revenue integrity position listings. The position titles ran the gamut, including auditor, analyst, assistant director, director, educator, liaison, manager, nurse, and specialist. Clearly, the revenue integrity role is broad and in need of professionals to fill a plethora of positions.
