Session Description: This session will focus on the interplay between Revenue Cycle and Financial Health and explore how improvements in revenue cycle processes directly impact overall financial stability, enabling FQHCs to expand services, invest in technology, and meet community needs. The goal of the presenters is to provide a holistic view of how FQHC’s can enhance their financial health through a collaborative approach between the revenue and financial teams that will help ensure that the revenue cycle processes are compliant with federal and state regulations, and discuss how financial strategies can mitigate risks associated with audits, funding changes, and economic shifts.
Learning Objectives:
Discuss the specific challenges FQHCs face in billing, coding, and collecting payments, and how effective revenue cycle management can optimize cash flow.
Address long-term financial planning, budgeting, and forecasting tailored to the unique funding structures of FQHCs, including the most important grants management considerations that finance teams should focus on as priorities.
Share examples of CHCs that have successfully integrated these approaches to achieve financial stability and growth.
