Ep . 96 Navigating RCM Challenges in Healthcare with Dr. Heather Signorelli

Is an MBA a waste of time for doctors or the key to better revenue cycle management (RCM)? In this episode of the BackTable Podcast, host Dr. Aaron Fritts sits down with Dr. Heather Signorelli, a healthcare executive, physician entrepreneur, and founder of NatRevMD to provide a crash course overview of healthcare RCM and tips for the physician that’s looking to improve the financial health of their practice. --- SYNPOSIS Heather shares her journey from medical residency to establishing herself as an expert in the business aspects of healthcare. They discuss the importance of embracing failure, the perils and rewards of entrepreneurship, and the challenges of starting a business while balancing a full-time job. The episode offers valuable insights into the educational gaps in medical training concerning business operations and financial literacy, emphasizing the need for more thorough training in these areas. Heather also highlights her podcast, NatRevMD, as a resource for physicians aiming to enhance their knowledge of RCM and business management in medical practices. --- TIMESTAMPS 00:00 - Introduction02:49 - Consulting and Early Career Experiences09:01 - Educating Physicians on RCM14:52 - Clientele and Specialties in RCM20:37 - The Power of Podcasting for Marketing24:45 - Physician Education and Business Literacy29:37 - Balancing Autonomy and Employment34:34 - Final Thoughts and Resources --- RESOURCES NatRevMD Podcasthttps://natrevmd.com/podcast-2/