Healthcare Financial Close Best Practices: 5 Tips For Reducing Risk
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Optimize the reconciliation process and effectively manage risk in healthcare accounting.
After patient care takes place, the payments for all services rendered need to be handled accurately, and in keeping with the pace of the organization to ensure its financial stability. Unfortunately, this complicated process involves reconciling payments across multiple payees, all while the number of transactions needing to be reconciled increases.
To help you make sense of all these complexities, this eBook explains five healthcare financial close best practices finance teams supporting healthcare facilities must follow to best prepare for and mitigate risk throughout the financial close process:
- Process Training
- Be Proactive
- Pay the Piper
- Bring it All Together
Download now to learn more!