Revenue Leakage in Large Medical Practices: Causes, Risks & How to Fix It
In large medical practices, managing complex workflows and diverse specialties brings significant operational challenges. Among them, revenue leakage is one of the most financially damaging—and often overlooked—issues. But what exactly is revenue leakage, and how can large healthcare groups identify and correct it before it affects their bottom line? What is Revenue Leakage? Revenue leakage refers to the loss of potential income due to inefficiencies in the billing cycle , coding errors, missed charges, or poor follow-up processes. For large practices with high patient volume, even small gaps in billing or documentation can add up to thousands of dollars in monthly losses . Top Causes of Revenue Leakage in Large Practices Incomplete or Inaccurate Documentation Missing clinical notes or unclear provider entries lead to under-coding or claim denials . Missed Charges Services provided but not captured due to lack of charge capture protocols or communication breakdowns. ...
