HIT Consultant November 24, 2021
Healthcare providers typically rely on a multitude of vendors to help them deliver care to patients. Some partnerships flourish seamlessly, while others are burdensome and take more resources to maintain. Depending on time and interests, physicians themselves may or may not work directly with revenue cycle management vendors; however, healthcare administrators communicate with vendor representatives more frequently — weekly or even daily.
For administrators, a robust reporting dashboard can substantially lessen the burden of vendor relationship management. Intelligent, insightful, and intuitive analytics save time and capacity, make budgeting more transparent, and allow for ongoing adjustments as circumstances continuously evolve. Providers and vendors work together to establish initial goals and KPIs based on historical data. Ideally, each party is incentivized to...
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