<img alt="" src="https://secure.live8goat.com/222611.png" style="display:none;">
Schedule Demo

Use This 8-Point Checklist to Supercharge your Cash Flow

If your healthcare business’s cash flow is dependent on getting physician orders signed, your bottom line is vulnerable to forces that can seem beyond your control. This 8-point checklist summarizes how to streamline your people, processes, and technology to regain that control, and achieve an order turnaround of seven days or less. Armed with this information, you can reduce unnecessary overhead, accelerate your billing cycles, invest more time in improving your patient experience – and supercharge your cash flow. 

1. Educate and align key stakeholder
Achieving orders management success begins with aligning your internal and external stakeholders around a shared goal (in this case, getting orders signed as quickly as possible).

2. Promote effective documentation and processes
To get orders signed quickly, you need to optimize your documentation and processes around efficiency. Your internal documentation should maximize transparency, allowing your team to quickly find information like outstanding deliverables, expected timelines, special circumstances, and more.

3. Start the process early
Successful orders management begins at the moment of a referral. Each time you accept a new patient, you should capture the contact information of the physician and the person that will be signing their orders.

4. Empower your outreach team
Your orders management team should feel empowered to do their best work. Allow your team to take ownership of their physician relationships by minimizing overlap between team members. 

5. Focus on physician relationships
Ultimately, orders management is about building and maintaining effective, productive relationships with physicians and supporting staff. Failing to take a physician-centered approach could lead to additional friction and damage your long-term relationships.

6. Leverage automation and digitization
The right technology can maximize your team's effectiveness by eliminating unnecessary manual tasks, standardizing your processes, and enhancing cross-team collaboration. 

7. Escalate effectively
Even with optimized people, processes, and technology, you may still need to escalate orders occasionally. Having a streamlined, unified approach to escalations can cut down on time and preserve physician sentiment.

8. Reflect and optimize
Orders management is both an art and science; while interfacing with physicians requires nuance and tact, processes and technology should be fine-tuned using a data-driven approach.  

This checklist gives you a great idea on how to optimize your people, processes and technology to boost your cash flow, but don’t stop here! Check out our expanded e-book8 Tips to Get Physician Orders Signed in 7 Days or Less, or catch our on-demand provider relationship management webinarYou’ll find practical, step-by-step guidance on how to reduce risk to your cash flow – and make your healthcare organization supercharged! 

Kate 6-Retouched

 

As Forcura's Director of Communications and Brand Strategy, Kate brings a robust background and knowledge of the healthcare and post-acute industry to Forcura. She also represents Forcura as a social media ambassador at events around the country, is an on-camera reporter and interviewer, and host of our Innovate Jax podcast.

Connect with Kate on LinkedIn.

Topics: Maximizing Back-office Efficiency, Revenue Cycle Management

Stay Up To Date

Case Study

See how Mission Healthcare centralized their intake process and referral management system to gain the organizational transparency and structure they needed to scale using Forcura.

Download the Case Study

Discover Forcura’s Solution for Bursting Your Cash Flow Bottleneck

Time is money. This is the basis of revenue cycle management, and as a home-based care provider,...
Read More

Circle Speeds Revenue for the Challenges of Today and Beyond 

Based on recent cuts to reimbursements and with more looming, home-based care companies are getting...
Read More

Simplify Your Referral Management With Forcura's Workflow Solution

Even with smart and well-meaning people in all sectors of healthcare, let’s face it: patient...
Read More