National Healthcare Spending in the U.S. Was Nearly $5 Trillion (with a “T”) in 2023 – New...
Health Populi December 18, 2024
3 Revenue Cycle Trends Taking CFOs By Storm
HealthLeaders Media June 28, 2024
“Hope is not a strategy,” says one CFO.
KEY TAKEAWAYS
– Heavily capitalized payers are causing more payment issues year over year
– Physicians should be playing a role in revenue cycle management
– Revenue cycle needs some updating and automation may do the trick
The HFMA Annual Conference tackled all things finance this year, but one area that seemed to dominate discussions? The revenue cycle. From payer woes to strategy improvement, here are a few key trends that were top of mind at the event.
Payers Aren’t Playing Nice
No big surprise here: payers are playing by their own rule book.
Almost every discussion at HFMA this year mentioned payers in some capacity. That’s because they’re causing more...
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