Holistic Approach Is Prescription for Revenue Cycle Ills
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Holistic Approach Is Prescription for Revenue Cycle Ills
By Andrew Masini, Senior Manager & Patricia Hennelly, Director, CohnReznick Advisory Group
As healthcare facilities reorganize, re-engineer, or otherwise optimize their revenue cycle management, an unfortunate by-product is a checklist of potentially hazardous oversights encountered in the field.
A rural community hospital, for example, experienced major cash flow shortages...
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Andrew Masini is a senior manager with CohnReznick Advisory Group and has over 25 years of private accounting and advisory experience. He provides bankruptcy, restructure, forensic, litigation, and financial advisory services to clients in a variety of industries, including manufacturing, wholesale/distribution, professional services, financial services, telecommunications, real estate, and nonprofits. Masini has previously published articles on healthcare and arts management, and he currently has articles on the Foreign Corrupt Practices Act and succession planning accepted for publication.
Patricia Hennelly is a director with CohnReznick Advisory Group and has over 20 years of financial and operational experience within healthcare and life sciences. She specializes in bankruptcy, restructuring, financial operations, operations, and margin improvement. Hennelly was vice president of administration and finance of a 1,000-bed academic medical center in New York City. Her healthcare experience also includes serving as vice president of finance for a billion-dollar, international hospital supply manufacturing and distribution company.
