HealthTech Magazines December 13, 2022
Labor shortages are one of the many adversities magnified during the COVID-19 pandemic. When combined with recent inflation, rising claim denial rates, increased regulatory scrutiny, and technology disruption, revenue cycle leaders are facing a perfect storm. AGS Health believes that a hybrid of their services with intelligent automation and high-touch support is the way forward in RCM. “From a clinical standpoint, labor shortages result in idle operating rooms or the postponement of non-surgical appointments, reducing patient volumes and revenue-generating opportunities. Meanwhile, understaffed back offices lead to diminished quality, extended claim submission times, and rising denial rates,” apprises Patrice Wolfe, CEO of AGS Health.
Patrice has 35 years of experience in the healthcare industry and considers RCM to be the most...