EDUCATION & NEWS
Key Healthcare Financial Technology Trends for 2021
More than 80% of survey respondents stated that they have confidence in their organization's ability to "rapidly adjust their plans and strategies." Healthcare finance leaders are more optimistic about the ability to adjust to a changing business environment and...
Healthcare Revenue Cycle Recovery After the COVID-19 Pandemic
Patients have been asked to avoid healthcare facilities when possible, while more visits have been done via smartphones and laptops than in exam rooms. Meanwhile, some providers transformed hotels, sports arenas, and park spaces into makeshift hospitals, and others...
Revenue Cycle Management Market to Rise at 12.4% CAGR till 2026; Outsourcing of RCM Processes to Generate New Market Opportunities: Fortune Business Insights™
The global revenue cycle management market size is projected to reach USD 216,990.6 million by 2026, exhibiting a CAGR of 12.4% during the forecast period. Rising labor costs in the healthcare sector will be the chief growth driver for this market, enumerates Fortune...
Five Healthcare Trends That Have Been Accelerated In 2020
Considering the challenges of the national emergencies of the past decade, both the opioid and COVID-19 crisis, there has been an alarming concern that the industry needs to reimagine healthcare in totality. However, there have been several positive impacts from...
Revenue Cycle Management and Business Office (BO) Processes
Hospital Best Practices and Recommended Strategies The tools in this article assist leaders with improving revenue cycle processes and increasing business office efficiency, which results in positive financial benefits due to quick course correction, increased...
How to Address Consumerism Trends and Boost Patient Reimbursement
Consumerism has been driving industry improvements for many years, but its impact on hospitals and health systems remains fairly new. Patients with high deductible health plans (HDHPs) continues to rise. Ten or so years ago, only 55 percent of plans even had a...
Hospital Revenue Cycle Trends to Watch — 8 Thoughts
Shrinking reimbursement rates and increasing costs keep hospital and health system CFOs and revenue cycle leaders constantly seeking strategies to improve the financial health of their organizations. Boosting revenue cycle performance is a key imperative for hospital...