RevCycle Intelligence May 14, 2018
Demand to outsource full revenue cycle management is up 86 percent from 2015 among hospitals and inpatient organizations, a survey showed.
Approximately 80 percent of hospitals leaders in a new Black Book survey said they were vetting or considering outsourcing full revenue cycle management by 2019.
The demand for revenue cycle management outsourcing is also significantly up, revealed the survey of 709 C-suite executives, board members, and senior managers at hospitals and other inpatient organizations.
Just 18 percent of hospitals executed or implemented a full revenue cycle management outsourcing project in 2018, compared to only 11 percent three years prior.
But many more hospitals and inpatient organizations may partner with a third-party vendor to perform full revenue cycle management functions by 2019....