Becker's Healthcare September 29, 2022
Eighty-three percent of health systems outsource some revenue cycle components, including 10 percent that use end-to-end partnerships, according to a report from the Health Management Academy.
The report, sponsored by R1 RCM, was compiled from 40 quantitative survey responses and eight qualitative in-depth interviews with C-suite executives as well as vice presidents and directors in finance in revenue cycle management roles at leading health systems.
The report outlined four key reasons health systems pursue revenue cycle partnerships:
1. Improve financial performance: Increasing operational efficiency,...