It’s About Time: How Time-Based Billing Intelligence Data Can Maximize the Value of Your Practice (Part 1)

Episode summary

Show notes

In this launch episode of Rehabbing Your Revenue Cycle, host Robert Kowalick , Managing Member & CEO of Revenue Cycle Solutions, LLC and Ascend Solutions, LLC , introduces the purpose and vision behind the show. Robert shares his journey from running a successful seven-location physical therapy practice to building a data-driven revenue cycle management company. He explains how years of working with thousands of providers revealed a common issue in healthcare: broken revenue cycles. This episode covers how understanding billing time demand, reducing complexity, and using better data can help providers improve cash flow, increase efficiency, and grow their business with confidence. With a background as a licensed physical therapist and over 20 years in healthcare, Robert Kowalick brings deep experience in both patient care and business operations. He began his career in a hospital system before starting and growing his own multi-location physical therapy practice. After selling that business, Robert turned his focus to revenue cycle management, building a company that helps other providers improve billing results through better data and time analytics. Stay tuned for part 2, where we’ll cover how most revenue cycles are broken and why solving billing complexity is key to creating a stronger, more profitable healthcare business. Expect to Learn Why most healthcare practice revenue cycle outcomes underperform expectations Why quantifying revenue cycle complexities and their impact on billing time demand, billing process efficiency, and effectiveness is the most important missing information in a healthcare practice. How capturing the biller’s experience into billing intelligence data identifies all opportunities for revenue cycle process optimization. How reducing revenue cycle complexities from any source leads to better revenue cycle outcomes. How better revenue cycle data and metrics drive optimizations that allow you to build a more scalable and profitable practice. Timestamps [00:00] – Teaser [01:06] – Why This Podcast Exists and What to Expect [04:50] – Root Causes of Billing Problems in Healthcare [09:13] – Why Helping Other Practices Is Harder Than Expected [17:10] – What Revenue Cycle Really Means for Providers [19:55] – The Balance Between Time Demand and Time Supply [26:02] – Applying the Physical Therapy Mindset to Business [35:04] – Creating a Billing Model That Prioritizes Outcomes Company LinkedIn: 👉 Revenue Cycle Solutions, LLC - https://www.linkedin.com/company/revenue-cycle-solutionsllc/ 👉 Ascend Solutions, LLC - https://www.linkedin.com/company/ascend-solutions-llc-co/ Company Website: 👉 Revenue Cycle Solutions, LLC - https://revenuecyclesolutionsllc.com/ 👉 Ascend Solutions, LLC - https://ascendsolutionsllc.com/ Follow Robert Kowalick on: 👉 LinkedIn - https://www.linkedin.com/in/robert-kowalick-610502102/ Follow Rehabbing Your Revenue Cycle Podcast: 👉 Website: https://revenuecyclesolutionsllc.com/ 👉 Youtube: https://www.youtube.com/@RehabbingYourRevenueCycle

It’s About Time: How Time-Based Billing Intelligence Data Can Maximize the Value of Your Practice (Part 1)

Episode summary

Show notes

Keep going

How Time-Based Billing Intelligence Data Becomes the Basis for Reducing Revenue Cycle Complexity and Improving Revenue Cycle Outcomes (Part 2)

Revenue Cycle Complexity: The Root Cause of Poor RCM Outcomes