Provider Networks Referral Leakage
By Claire Thayer, April 16, 2015
Containing patient referrals within a provider network is easier said than done, even with electronic health records. According to Joel French, CEO of SCI Solutions, "more than 25 percent of orders and referrals from employed providers leak out of network." Chief Financial Officers across the country cite referral leakage as a top concern. According to a recent survey, 51% of CFOs list reducing network leakage as the most successful methods for generating future revenue growth.
MCOL’s infoGraphoid for this week takes a look at some of the root causes of referral leakage as well as identifies seven ways to contain the leakage:
MCOL’s weekly infoGraphoid is a benefit for MCOL Basic members and released each Wednesday as part of the MCOL Daily Factoid e-newsletter distribution service – find out more here.