Your revenue cycle is what keeps the lights on at your pediatric therapy clinic. You provide care, submit claims, and get paid. It’s a bit more complex than that, but those are the basics of the revenue model. And optimizing those steps are essential in order for your practice to thrive.
A pediatric therapy clinic needs a healthy cash flow in order to be sustainable. The revenue cycle affects nearly every area of a practice, from employee payroll to quality of care. Managing the revenue cycle may not be the most exciting part of running a clinic, but it serves as a foundation for everything you do. A well-managed revenue cycle will support a growing, thriving practice.