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RCM Performance: Empowering Your Workforce for Success

RCM Performance: Empowering Your Workforce for Success

Beyond Effort: Building a High-Performing Revenue Cycle Team

It’s easy‍ to assume everyone on your team ‌is contributing ⁤equally.Though, that’s rarely the case.Understanding the nuances⁢ of individual performance is crucial for building a truly effective⁣ revenue cycle management (RCM)⁤ operation.

The Performance Spectrum

You’ll typically find team members fall into three categories:

* Consistent Contributors: These individuals⁤ are dedicated,‍ invested, ⁣and ⁣consistently deliver results.
* Minimal Effort: Some team members do the⁤ bare ‌minimum, or even less, impacting overall ⁤productivity.
* Potential Untapped: Many genuinely want ⁤to ⁤excel but ‌struggle⁢ due⁤ to unclear expectations,insufficient training,or a lack of constructive feedback.

this last group doesn’t⁢ need ​strict oversight. They need support ​- ⁤and the right‍ technology can pinpoint⁢ where ​that support is needed most.

Leadership’s Role:‍ Visibility & Support

Effective leadership isn’t about hoping for ⁢the best. It’s about creating systems that clearly reveal who ‌is ​performing well, who is struggling, and who requires additional assistance.

When we implemented transparent metrics, real-time prioritization, and individual progress‌ tracking at Revology, the results were clear:

*​ ⁢ Top performers excelled further.

* Mid-level performers showed meaningful improvement.

* those disengaged quickly became apparent.

This isn’t about ⁣public ​shaming.It’s​ about elevating⁢ overall performance and, when necessary, ⁢making informed decisions.

Purpose Drives‍ Performance – and Reveals Alignment

I firmly ‍believe most people desire to⁢ do meaningful work. But they ‌need clarity. They need to understand:

* What​ success looks like. Define clear, measurable goals.
* Why​ their ⁤work matters. connect individual tasks ‍to the​ bigger picture of⁣ patient care.
*⁣ How their performance is measured. Clarity builds trust​ and accountability.

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we’ve seen firsthand that linking RCM staff to the mission – ⁣demonstrating how their work ⁣directly ​impacts care delivery ⁢- boosts performance, confidence, and ​commitment.

Interestingly,we’ve also observed a natural filtering effect.Those‌ who aren’t aligned with the ⁤mission often choose to opt out or become readily identifiable through their results.This isn’t a⁣ failure; it’s clarity.

As the⁤ saying goes,​ “The right culture doesn’t just attract the right ⁤people-it⁤ repels⁣ the ‍wrong ones.”

Tech-Driven,⁣ People-Focused, Outcome-Obsessed

RCM performance begins with your‌ people, but it flourishes with the right technology. Invest in tools ⁣that ‌empower your high-potential employees and provide leaders with ‍clear visibility into​ what’s working – and ‌what ⁢isn’t.

Leadership isn’t ⁤about managing averages. It’s about investing in those who strive for excellence and making challenging‌ decisions when ​others⁢ don’t meet expectations. The most effective systems don’t⁤ hide these truths; they ‌reveal them.

about Chris ⁣Klitgaard

Chris klitgaard is the founder and CEO of Revology, a company established in 2022 to revolutionize healthcare⁣ revenue cycle management through advanced technology. Prior to Revology, Chris⁣ founded and led MediRevv as CEO from 2007 ‍until its ‍successful sale in 2021. A proud University of Iowa alumnus, Chris began his‌ career at the University of Iowa Health Care and holds a BAA,⁢ MBA, and MHA from the University of​ iowa.

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