RevCycle Intelligence May 3, 2021
A new survey shows that health systems have been actively engaging with revenue cycle management optimization during the pandemic through RCM technology.
About three-quarters of hospitals and health systems in the US deployed revenue cycle management (RCM) technology or underwent active technology deployments during the COVID-19 pandemic, according to a new survey.
The survey polled over 350 CFOs and revenue cycle leaders at hospitals and health systems between December 17, 2020, and Feb 5, 2021, using the Healthcare Financial Management Association’s (HFMA’s) Pulse Survey program. The survey was commissioned by the healthcare revenue cycle management company AKASA.
RCM technology deployments came in handy during the ongoing pandemic for some hospitals and health systems, according to about 40 percent of healthcare...