• Michael Breslin

5 Immediate Action Items DME’s Can Take to Grow Their Business

Updated: Oct 21, 2020

And… It Will Cost Next to Nothing!!!

1. Improve Your documentation

2. Improve Your Bad Debt Management

a. Modifiers

b. ICD 10

c. Insurance Fails; inaccurate IV, HHE, wrong Ins.

d. Timely

3. Improve Your Unbilled Revenue Management

4. Improve Your COGS

5. Improve Your Talent… in a very different way that you might think

a. Training

b. Morale

1. Help them through the day; mind vitamins

2. Communicate

3. Thank you

4. Engage and listen

5. Happy employee/happy patients/happy referral source

c. Absentee Rate

d. Succession plans

e. Accountability

f. Performance

1. Units, compliance, quality

g. Empower

1. Continuous process improvement

2. Make decisions; identify future leaders

3. Make them part of the solution

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Boost Advisory Group are experts in DME consulting, DME revenue optimization, Brightree consulting and optimization, DME business process outsourcing, Medicare TPE, RAC, and UPIC audit response services, executive coaching, operational development, Analytics and reporting optimization to improve topline and bottom line. We are experts in helping our clients grow their business by reaching operational and financial excellence.

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